cancel
Showing results for 
Search instead for 
Did you mean: 

Would they count this?

tag
Anonymous
Not applicable

Would they count this?

My truck is in my wife's name. I use it for my small pest control company. I pay the monthly note from the business account as a "lease note." Would a mortgage company count this as part of our DTI since the company is technically paying for the truck? I am trying to get all of our ducks in a row before I apply for a home. Currently our DTI is 25%. It would be less if they do not include my truck. 

Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Would they count this?

Is that calculated DTI included the mortgage payment of the house you're looking for?

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.