Not enough rental history causing DTI issues...Advice please??

[John Shepherd]

I currently have 3 properties I am trying to get refinanced. The lender says my debt to income is an issue because I don't have two years rental history. One house has a 15 year mortgage in place already, one was self funded and the other on a rehab loan through a local bank. Any advice or other options for 30 year? My local bank will only do 20 year loans.

Thanks!

[Jody Sperling]

The thing that pops out to me here is not to be loyal to a bank that's not loyal to you. 

I believe loyalty can be a virtue, but the bank is proving they aren't loyal to you by flagging your DTI. You can find a bank that will play ball, and one that will give 30-year loans for goodness sakes.

Ditch those bank bums like a bad habit! and best of luck to you.