Just confirming with any LO in here. I received a AUS preapproval but concerned for manual underwriting current DTI with estimated new mortgage payment comes out is 59% I could pay down and bring the the DTI to 52%. About 15k that I’m comfortable with using for that, can still easily cover closing, etc… would like to not use if needed better returns monthly than paying down. Current residual income is about $4500.
Is this likely to be approved by underwriter with the 59% DTI?
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source https://www.reddit.com/r/RealEstate/comments/1j1q6a4/va_loan_approval_odds/
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