Hi, we just got sent an initial loan disclosure but I’m a little bit confused. What does this mean for the estimated cash to close? The lender said that this is just examples and stuff but how did we land $207,381 for down payment/funds from borrower?
We were planning on putting a 140k down payment.. so I don’t know how we got these numbers
Is there something I’m missing? Thank you (PICTURE IN COMMENTS)
Hi, we just got sent a loan disclosure but I’m a little bit confused. What does this mean for the estimated cash to close? The lender said that this is just examples and stuff but how did we land $207,381 for down payment/funds from borrower?
We were planning on putting a 140k down payment..
Is there something I’m missing thank you
For getting a mortgage what is better lower DTI or a higher savings?
Basically, we have 1400 for a personal loan (66k total) every month, $394 in car, $23 minimum in student loans and about 125K in savings.
We were advised to pay off the personal loan to reduce DTI. Income about 12k a month on paper.
FICO 770
Please advise!