Investment Home Refinance - "Front-End" Debt-to-Income Ratio

[Jim Froehlich]

Scenario - one private home; multiple investment properties - when attempting to re-finance a hard money loan for ONE investment property, in terms of the "front-end" ratio (which I understand to be max 28%), does the mortgage/tax/insurance debt used for that calculation ONLY come from the home being refinanced?  ...or do they take ALL properties and calculate them against ALL gross monthly and business income expense?  It seems like the latter would be the case, but I know those calculations become complicated, especially if some properties are co-owned, within first year of lease, etc.

Looking for that elusive "Investor Grade" NJ-based Mortgage broker to help get out of an 8% hard money loan that pops in 15 months!  ...courtesy of CPA being "too good" at taking advantage of business expenses...

...last year I discovered the concept of "equity, equity everywhere, but not a dime to touch" when DTI is high...

[Chris Mason]

Originally posted by @Jim Froehlich:

Scenario - one private home; multiple investment properties - when attempting to re-finance a hard money loan for ONE investment property, in terms of the "front-end" ratio (which I understand to be max 28%), does the mortgage/tax/insurance debt used for that calculation ONLY come from the home being refinanced?  ...or do they take ALL properties and calculate them against ALL gross monthly and business income expense?  It seems like the latter would be the case, but I know those calculations become complicated, especially if some properties are co-owned, within first year of lease, etc.

Looking for that elusive "Investor Grade" NJ-based Mortgage broker to help get out of an 8% hard money loan that pops in 15 months!  ...courtesy of CPA being "too good" at taking advantage of business expenses...

...last year I discovered the concept of "equity, equity everywhere, but not a dime to touch" when DTI is high...

 You don't really see investment property mortgage applications denied due to front end ratio.