If you can show that a business debt was paid from your business for at least 12 months, we do not have to count that debt against you when qualifying for a mortgage loan.

Related Article Title: Fannie Mae & Freddie Mac – Business Debt Guaranteed by Borrower: Do I have to count a business debt in the DTI for a loan guaranteed by my applicant but paid for by his company? Debts Paid by Others Chart Answer: This is something that originators come by quite often. If the […]

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