Ugh! DTI = 31% Exactly

[Sariah]

I am in Ch 7 and I am Pro Se. I have an FHA loan and owe approx 132K. House is worth about $112k. I Put in a loan mod request with Bank of America. From my calculations, my DTI = 31% exactly so I don't think I can do HAMP. Looking on their website, I don't see what else I would qualify for. Maybe a Ch13 or renting.

[sh9730]

Same here....I am very close (like 33%) depending on how they do my escrows. Im also FHA and in CH7 currently but Im with Chase .....AND Im behind...so not sure what happens while in BK in these situations....my file just went to underwriting today...so we ll see shortly I hope. Im trying to avoid a CH13 also, but Im pretty committed to staying in the house if at all possible...best of luck!

[daylate]

sariah-i've only had one cup of coffee this morn, but it seems to me you can choose to not reaffirm your mortgage and keep paying (assuming you are current) and you'll get to stay. No need for a 13 or to rent based on what you've said.