How To Access Equity With Low credit Score and High Debt To Income Ratio?

Depending on how low the score and what you intend to do with the equity, it might be worth considering an FHA cash out refi to pay down debt at closing, solving the DTI issue in the process. FHA often has a more generous tolerance for credit scores and DTI than a HELOC might. Obviously, you will want to consider carefully whether you want to roll your consumer debt into your home, whether the new payment is beneficial, and whether you are able to not incur further consumer debt after the refi is complete.