Hello all,
It seems we keep getting pushed back on
purchasing a
power boat.
A credit union in Lafayette states our debt-to-income is too high, but will not elaborate on how they came up with the ratio.
When I figure all my bills, add the cost of the
boat, and they have a 600 'housing' addition they add to it all...it comes to about 30%...they are stating it is 75% which is ridiculous.
Anyone have this happen to them? Anywhere else I can turn to get a loan? My credit score is in the 700s and I have 20% to put down.
Just at a loss,
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