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Updated over 1 year ago,
Lender adding proposed HELOC to DTI
Can anyone recommend a lender for a personal home HELOC where they don't count the proposed/untapped HELOC against your DTI? I've read that this isn't the case with all lenders but was curious if anyone knew of one specifically?
Details:
Single Family Home
Personal Home
Mortgage Balance: $520K
Current Value: $1.2M
Credit: 750+
Goal - Obtain the largest HELOC as possible
DTI is plenty fine until they add on the proposed HELOC.
Thanks!