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Re: Cash out from land equity. DTI is estimated at being 36 with the new loan payment and factoring in the payoffs. My LO asked for a statement as to how important this land is to me. I think she asked that of me to ease the concern that I'd cash out with this loan and then try to sell the land sometime in the future. So I gave her a strong statement about how I'll own this property for life. I think she now stated income no doc personal loans the information she needs to give answers to any questions UW has without having to ask me and wait for my reply.
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