u/Fearless-Air-1542

Throwaway for obvious reasons. Looking for outside eyes before I do something dumb.
Where I’m at:
• FICO 8 in the low 800s across all three bureaus
• \~$233k mortgage, \~$50k across two unsecured personal loans, \~$1.4k revolving against $31k in limits (5% utilization)
• Just closed on acquiring an existing small business (LLC I’m sole principal of). The personal loans funded part of the acquisition, taken within the last several months.
• Plan is to refinance into an SBA Express loan around month 12 post-close
• Known gate on the SBA side: back tax filings for three prior years I need to catch up
The mortgage question: I’m on the note and it reports on my credit file, but I don’t make the payments — another party has made them consistently and I can document it from their bank statements. My understanding is that conventional mortgage underwriting will exclude a payment from DTI with 12 months of documented third-party payment history. What I can’t get a straight answer on is whether personal loan and business lenders honor the same treatment, and which ones.
With the mortgage counted, my DTI is ugly. Without it, it’s clean. That single question determines what I can borrow.
What I need: roughly $100k in working capital.
Options I’m weighing:
1. Business credit cards in the LLC’s name — approved off personal score, most issuers don’t report to personal file. Maybe $30-60k in staggered limits, 0% intro on a chunk.
2. HELOC — cheapest money, only route to $100k in one instrument, but secures business risk against the property.
3. Another unsecured personal loan — easiest approval, worst outcome for the month-12 SBA math.
4. MCA — assuming this is a trap, correct me if wrong.
Questions:
• Which non-mortgage lenders actually apply the 12-month third-party payment exclusion? Names appreciated.
• Does SBA underwriting treat it the same way, or does global cash flow analysis pull it back in regardless?
• Is keeping new debt off my personal file worth more than chasing the lowest rate, given the refi timeline?
Not looking for “just don’t borrow” — the capital need is real. Trying to structure it least destructively.

Throwaway for obvious reasons. Looking for outside eyes before I do something dumb.
Where I’m at:
• FICO 8 in the low 800s across all three bureaus
• ~$233k mortgage, ~$50k across two unsecured personal loans, ~$1.4k revolving against $31k in limits (5% utilization)
• Just closed on acquiring an existing small business (LLC I’m sole principal of). The personal loans funded part of the acquisition, taken within the last several months.
• Plan is to refinance into an SBA Express loan around month 12 post-close
• Known gate on the SBA side: back tax filings for three prior years I need to catch up
The mortgage question: I’m on the note and it reports on my credit file, but I don’t make the payments — another party has made them consistently and I can document it from their bank statements. My understanding is that conventional mortgage underwriting will exclude a payment from DTI with 12 months of documented third-party payment history. What I can’t get a straight answer on is whether personal loan and business lenders honor the same treatment, and which ones.
With the mortgage counted, my DTI is ugly. Without it, it’s clean. That single question determines what I can borrow.
What I need: roughly $100k in working capital.
Options I’m weighing:
1. Business credit cards in the LLC’s name — approved off personal score, most issuers don’t report to personal file. Maybe $30-60k in staggered limits, 0% intro on a chunk.
2. HELOC — cheapest money, only route to $100k in one instrument, but secures business risk against the property.
3. Another unsecured personal loan — easiest approval, worst outcome for the month-12 SBA math.
4. MCA — assuming this is a trap, correct me if wrong.
Questions:
• Which non-mortgage lenders actually apply the 12-month third-party payment exclusion? Names appreciated.
• Does SBA underwriting treat it the same way, or does global cash flow analysis pull it back in regardless?
• Is keeping new debt off my personal file worth more than chasing the lowest rate, given the refi timeline?
Not looking for “just don’t borrow” — the capital need is real. Trying to structure it least destructively.

Throwaway for obvious reasons. Looking for outside eyes before I do something dumb.
Where I’m at:
• FICO 8 in the low 800s across all three bureaus
• ~$233k mortgage, ~$50k across two unsecured personal loans, ~$1.4k revolving against $31k in limits (5% utilization)
• Just closed on acquiring an existing small business (LLC I’m sole principal of). The personal loans funded part of the acquisition, taken within the last several months.
• Plan is to refinance into an SBA Express loan around month 12 post-close
• Known gate on the SBA side: back tax filings for three prior years I need to catch up
The mortgage question: I’m on the note and it reports on my credit file, but I don’t make the payments — another party has made them consistently and I can document it from their bank statements. My understanding is that conventional mortgage underwriting will exclude a payment from DTI with 12 months of documented third-party payment history. What I can’t get a straight answer on is whether personal loan and business lenders honor the same treatment, and which ones.
With the mortgage counted, my DTI is ugly. Without it, it’s clean. That single question determines what I can borrow.
What I need: roughly $100k in working capital.
Options I’m weighing:
1. Business credit cards in the LLC’s name — approved off personal score, most issuers don’t report to personal file. Maybe $30-60k in staggered limits, 0% intro on a chunk.
2. HELOC — cheapest money, only route to $100k in one instrument, but secures business risk against the property.
3. Another unsecured personal loan — easiest approval, worst outcome for the month-12 SBA math.
4. MCA — assuming this is a trap, correct me if wrong.
Questions:
• Which non-mortgage lenders actually apply the 12-month third-party payment exclusion? Names appreciated.
• Does SBA underwriting treat it the same way, or does global cash flow analysis pull it back in regardless?
• Is keeping new debt off my personal file worth more than chasing the lowest rate, given the refi timeline?
Not looking for “just don’t borrow” — the capital need is real. Trying to structure it least destructively.

Have $50k in loans. Need to take out another $70k. What are my approval odds? Or is my DTI too much

Trying to close a bar deal for $197k in 20 days. Credit 829 experian but have a high DTI because of a mortgage that a family member actually pays but put me on the deed for issues they were having at the time. Have been approved for $60k cash and $44cc already. Any advice