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Regular Contributor
Tischer712
Posts: 235
Registered: ‎12-02-2011

Question regarding DTI

My loan company didnt respond today to my question so I wanted to ask it here.

I am the co-signer on a loan for a car with my fiancé. When they do DTI for our mortgage, will it be included twice, or just once since we only pay one payment? Stupid question but you never know about what they think

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Shogun
Posts: 12,859
Registered: ‎04-15-2011

Re: Question regarding DTI

Just once.  I assume you are applying together for the mortgage.  It is one payment and will be counted as one.


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Regular Contributor
Tischer712
Posts: 235
Registered: ‎12-02-2011

Re: Question regarding DTI

Yea together. Cleared up the problem with my old car loan so we will be doing a joint mortgage :smileyhappy: thanks guys!

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Current Score: myFico Scores Equifax 655 Transunion 663 Experian 645
Goal Score: 700 Across the board


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