Posts Tagged ‘Debt To Income Ratio’

Debt To Income Ratio And Loan Modification?

Posted in Debt Consolidation Mortgage on 02/17/2011 09:41 am by
Shirley asked:


How will my debt to income ratio affect a loan modification? Do percentages appy when doing a loan modification? How low should I expect the mortgage company to lower my interest rate if it is already 5.535%?

Ann
 

Can you get approved for a business loan if you have a high debt to income ratio?

Posted in Small Business on 02/01/2011 04:14 am by
shanana032002 asked:


Should this matter since the loan will be paid back by the business and not the individual? I have good credit i just have a high debt to income ratio, should i be able to get approved for a $20,000 business loan?

Allan
 

What it is a good debt to income ratio when getting another car loan?

Posted in Loan Rates on 01/24/2011 12:37 am by
Jenn N Kentucky asked:


My husband is going to need a new work car cause his about shot and he drives 50 miles a day to work. But we already have a car loan on my vehicle. It is our only debt of 14000 and my husband makes 45-50k depending on over time and work load. Would it be hard to get a small loan to get a little work car?

Allen
 

Where can I consolidate to one loan payment with high debt to income ratio?

Posted in Paying Off Debts on 05/25/2010 02:04 pm by
jana_mcnutt asked:


I have good credit in the 600′s, I just have a high debt to income ratio. I have about 4 personal loans I want to consolidate. One is already with Prosper, so that is out. I just want to have one payment. My debt for these loans is about $20,000. I am not a homeowner either.

Kathy