Tag Archives: mortgage DTI calculation

A Mortgage Application For A New Purchase, That Excludes A Current Mortgage From The DTI Calculation?

Home For Sale photo

So let me get this straight…A mortgage applicant currently has an outstanding mortgage on their home, and those expenses can be excluded from the DTI calculation for a mortgage that will be used to buy another home? Are we talking about a bridge loan or a loan from some other non-traditional lender? The answer is […]