Having difficulties obtaining a loan for a home I just built.

[Carlos Rivera]

I built a home in 2013. The home appraised for 462,900. I obtained the home partially constructed at the framing stage on December 20, 2011. The original owner passed away last spring so I am now dealing with the executor of her estate. The original purchase price was 295,000 and I currently owe 273,000. So there is roughly 190K in equity in the home. I have a 16 year credit history without ever a late payment but my credit score is down at 640 right now due to all the personal loans I used to complete the home. It was almost 50K in loans. This is putting my DTI around 44% right now which is making it hard to even get a hard money loan since a mortgage would raise me close to 60%. If I was able to use some of that equity I could get my DTI down to 40% easily and at the same time probably raise my credit score back to 700+ where it was before I started this house project. I would still have a ton of equity in the house. Unfortunately my lease/option was not recorded in 2011 when it should have been so I am having trouble getting a cash out re-fi as an option. The lease/option is recorded now, and is signed and notarized and everything from back in 2011. Just feel like I am running out of options and seeing if anyone has any ideas.