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Updated about 4 years ago,
Want to HELOC but high DTI....
Can anyone offer any assistance with a high DTI question? I would like to take a HELOC out on my rental property, but I've only owned it for six months and my DTI is around 50%.
I have excellent credit, but I have to put my entire mortgage against my DTI since my fiancé is unwilling to put her name on any future rental properties.
Any help would be much appreciated!