Lowering DTI through novation contract.

[Jay Choi]

This is really for the experts.  Let me know if this can be done.  

my end goal in asking this question is to lower my DTI exposure.

my family currently have about three conventional mortgage and we are looking to purchase a our primary home. So DSCR loan is out of the picture. I'm also not interested in non conventional loan at this time for our primary.

I'm learning that novation agreement in loans that are being serviced by third party, can wipe away our debt exposure. What if i structure my current mortgages to have novation agreement with an LLC that I've created, to be service by note servicer?

Would that be able to lower my DTI exposure. I'm learning about subject to deals, and had this thought.