Contributor
Corvidae
Posts: 101
Registered: ‎03-19-2011
Re: DTI appears high, but fiancé pays half of mortgage...
[ Edited ]

Yup, she'll need to co-sign, but other factors can still apply.

 

For example, I had 41% DTI and excellent credit when I bought my new car.  I am on the mortage of a house I no longer own (divorce).  I had no revolving debt so it was literally all of my debt.  The bank did not hesitate to give me $20k at 3.41%.  

 

It just depends on the full picture.

804 Transunion
804 Equifax
775 Experien (lender pulled, auto enhanced)