When your highest DTI try blocking you against qualifying to possess a good traditional mortgage, a rental-to-very own otherwise rent alternative contract would be a feasible strategy. This method makes you book a home with the alternative to acquire they later, providing for you personally to change your DTI before you apply for a great home loan. Part of your own book normally goes to the upcoming downpayment, working for you generate collateral while you manage building your financial condition. [Read more…]