Does anyone know the max DTI that DCU will do on an 80% CLTV HELOC? Or for that matter, any lenders that will go up to 60% DTI on a HELOC?
My current HELOC is with Schools First, and I'm considering replacing it with a HELOC from another lender to increase the line amount for purposes of FICO util.
Starting Score: EQ 773, TU 766
@andyaycw wrote:Does anyone know the max DTI that DCU will do on an 80% CLTV HELOC? Or for that matter, any lenders that will go up to 60% DTI on a HELOC?
My current HELOC is with Schools First, and I'm considering replacing it with a HELOC from another lender to increase the line amount for purposes of FICO util.
Hrm, your scores in your signature suggest you don't have a major revolving utilization issue, and HELOC's under FICO 8 don't appear to count as revolving anyway. Installment utilization is a thing on FICO 8, but jury is out on a HELOC's effect there.
You'd probably have to ask them on what DTI they'd accept, but I don't think obtaining one would be helpful for you FICO wise.
