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Updated about 8 years ago on . Most recent reply

User Stats

8
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0
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Michael Montgomery
  • Real Estate Professional
  • Palisades Park, NJ
0
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8
Posts

Will an SBA loan count as debt for a residential home purchase?

Michael Montgomery
  • Real Estate Professional
  • Palisades Park, NJ
Posted
Hello. I'm in the process of getting an SBA loan for my business which is self proprietor, self employed. My question is if this will be counted as a monthly debt for my dti ratio for a home purchase down the road. My broker says it will but the lender says it won't. Don't know who to believe.

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