Quote:
Originally Posted by Jchen
Try for a VA loan. Their back end debt-to-income is 41%. Also since you are disabled there is no funding fee.
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Back-end for VA
MANUAL UNDERWRITE is 43%. There is technically no debt ratio or fico requirement for VA loans, as long as you get an APPROVE/ELIGIBLE on Automated Underwriting findings.
I'm doing one now with a 70% debt ratio. Doing another with a 515 fico. You just have to be strong in the other areas, including Disposable Income.