am i able to get a 2 morgage

anna, it all depends on your home's value, your current mortgage balance, your income, your debts, your credit...without knowing what any of those variables are, it is impossible to tell you "how hard" it will be to obtain a second mortgage.

Thats true

Lot of factors involved

Income, DTI Ratio Credit score

value of the loan etc

annabordelon


Welcome to the forum

You may need to provide more details before some oen can give you a good answer

Your Incoem, current payments, credit history , DTI

Value of the property etc

Good luck and feel free to ask

such value...this needs to be said: the average person has no clue what "dti" means. not only that, but to suggest to someone that they must supply "dti" to their lender is ludicrous - if a person doesn't know what it is, how is it to be calculated by that person?

we need to educate consumers as to the things that are actually in their control - delivering pay stubs to the lender, providing bank statements, disclosing indebtedness, disclosing credit issues such as bankruptcy or foreclosure or judgment or alimony/child support payments, etc.

these are the things that a loan officer must be made aware of up-front in order to do a proper job of trying to qualify someone.

and being a parrot is unproductive as well, i might add.