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All Forum Posts by: Zach Engen

Zach Engen has started 1 posts and replied 2 times.

Post: HELOC recommendedations high dti

Zach EngenPosted
  • Posts 2
  • Votes 0

I'm looking for a heloc that will accept my STR income eventhough I don't have 2 years of tax returns to show. I just got it going this year, I used a 5/6 ARM which is destroying my DTI. Sucks because the str covers my entire mortgage payment but ive tried 2 different crwsit unions that wont count the income.. My primary residence is owned free and clear and I really want to tap into the equity.

The federal savings bank does 5% down on vacation homes, talk to Jason Wray over there.