QI Have A Lot Of Debt, Can I Still Get A Mortgage Loan?
AWhen a lender evaluates your home buying power one thing they take into account is your debt to income ratio. Your ratio will be factored into how much money the lender is willing to offer you. If you have made regular payments on your debt your credit score will reflect this fact positively and help you in getting your loan. While there is no hard fast rule to determine whether or not you can get a loan, you can contact a lender for free using our online application.