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joint loan

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babbles
Established Contributor

joint loan

What factors are looked at for a joint loan?  Does anyone know how the DTI willl figured between the two apps?  I have high DTI (above 50%) because I have a rental home on me and my wife has low DTI maybe about 25% and both profiles have credit plus 710 across the board.  We want a 20k loan and we are thinking Navy Federal where we do most of our business.  Loan would be for home improvement purposes.  Thanks for any replies! Smiley Happy

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