Wells Fargo is such a disaster

[Diane G.]

This is such a disaster....

So I am trying to get a HELOC with WF... Their UW looked at my financial, talked to me, and told me my DTI was 23%... My own cal showed 30% ish, but I am OK with 23%...

Credit approval, conditions.... 1 whole week into "final approval" and UW asked to talk to me again because my DTI is above their guideline of 45%.... What?????

[Wayne Brooks]

@Deren Huang WF only owns about 20% of the loans they service.  Short sale value issue are usually with the investor who actually owns the note.