I am in the process of trying to buy a property through a short sale. Unfortunately, my debt to income ratio is too much and my husband has been at his new job 8 months. The loan officer is having issues with this. He worked on a job that is similiar to what he is doing 6 years ago and the job he left after 5 years was due to pay and hours. He was part-time.
Give me your expertise or send me in the right direction before I loose this great property. Thanks
Howdy Tarmstro
Try a stated income loan product. They do not even look at ratios etc, Your loan officer should know about this and if not find a loan broker that deals with a variety of programs and lenders.