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Old 09-17-2011, 11:05 PM
 
1 posts, read 1,640 times
Reputation: 12

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I think I know the answer, but I guess I want to hear what other people think.

It's my fault that I didn't check earlier. I just found out that there is an error in my loan application. I changed my name, and the credit card balance under my old name wasn't included in the credit report ran by the lender. I didn't catch it until I was reviewing the closing docs. What should I do? Should I cancel it?

I applied for a conventional loan and it would bring the DTI from 24%/29% to 24%/33%. Can anyone tell me is that going to make a big difference in interest rate?

Last edited by oc_Girl; 09-17-2011 at 11:59 PM.. Reason: adding more information
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Old 09-20-2011, 09:19 AM
 
Location: Plano, Texas
1,675 posts, read 6,813,015 times
Reputation: 697
You should bring this to the attention of your loan officer and resolve it. Your dti even with the debt is still very low. it will have no impact on your interest rate.
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