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I need a mortgage loan for someone that has 660 Fico, SFR, OCC, 240K loan Prefered lender paid MI, Current DTI is at 53% with lender paid MI, if it is borrower paid MI the DTI can go up to 59% FHA but its just way too high.
All conventional lenders say they can't exceed 45-49% DTI.
There is 10% down, any help is greatly appreciated.
by itzzli January 4, 2013 9:11 PM