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BankersOnline.com Forums Dodd-Frank Final Rules Discussions HMDA Overhaul 2018 which DTI to report on denial
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#2177904 - 05/11/18 07:34 PM which DTI to report on denial
Debbie Offline
New Poster
Joined: May 2016
Posts: 16
Applicant applied for secondary market (30 year). Credit score was too low so we looked at an in-house product (15 year). Denied because of credit (repo, charge off, collection). For the term and DTI, do we report the 30 year or the 15 year? Thank you

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#2177913 - 05/11/18 08:11 PM Re: which DTI to report on denial Debbie
TMatt87 Offline
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TMatt87
Joined: May 2011
Posts: 1,987
Idaho
We would report the term and DTI based on what the borrower originally applied for.
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