Will applying for 2 NonQM loan at the same time be a bad idea?

[Vu Le]

There are two different properties. When borrower refinance cash-out an old mortgage with a 12 Bank Statements lender while applying for a new mortgage with another 12 Bank Statements lender at the same time, will refinancing the old mortgage affect the DTI, and qualification for the new mortgage

Because the 1003 shows the liabilities and mortgage payment of all mortgages? Thank you