Any mortgage lender making 100% SISA 45-50% DTI?
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Loan officer in need to know which lender bank is available to offer a program with 100% financing purchase, 700+FICO Stated Income Stated Assets. 45-50% ratio. Please help.
Any mortgage lender making 100% SISA 45-50% DTI?Hey try First Magnus, I'm not sure if they are just a local company or not. I'm in Columbus, Ohio. www.firstmagnus.com Also, Aurora Loan Servicing used to have a program similar, not sure if the parameters have changed.
Bank of America too. Make sure with your SISA's that you input what you need right the first time or they will not let you resubmit for an extra $10/ mo.. to DTI.
Also, you can go to salary.com to make sure what you are stating is not outrageous. Most UW will double check here too.
Any mortgage lender making 100% SISA 45-50% DTI?With SISA you should never have a DTI issue......
Any mortgage lender making 100% SISA 45-50% DTI?You should try www.brokeroutpost.com it's a board like this but specifically for mortgage brokers and basically, all questions and answers similar to what you just asked.
And to the above poster, SISA means stated income, it is not a mandate to lie about income and choose the DTI you want.
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