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Originally posted by 10kamonth

Who will do....

Purchase 2nd home
680
43% DTI
5% down
6 months reserves


Issue – RV charge off from 2003 credit report shows a balance $59,000. Could pay it off with negotiation up to $17,000 as one collection agency said they would accept. Does it even need to be paid off since it doesn’t affect title? DU I know wants it paid.

2nd One.

Purchase
95%
707
36% DTI

214000 value

ISSUE – 58 acres $1,000 an acre, value of home 164,000.

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