this post was submitted on 18 Aug 2025
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income is not a massive part of how you can repay the loan. Income can fluctuate over a 10-20 year period. I've had the opposite, I have a good credit score, good spending habits and was able to show that although my income is average I can accommodate the mortgage payments. If you made 90k but had a bad credit score and spent wastefully you would get denied for someone on 55k who has a good credit sore and lives within their means, has savings etc.
Debt to income ratio. Saying income isn't a massive part of loans is just wrong.