Citizens First Bank is part by TV and they keep the mortgages they write in house, therefore they do not have to follow Fannie & Freddy guide lines. That is why they do not use the bond payment in the qualifying ratios.
Their main interest is helping TV sell homes, so they have been known to use higher qualifying ratios if the clents have 700 or higher credit scores.
I am a retired mortgage broker and have discussed this with one of their mortgage originators in the past.
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