This is so the lender can see how stable your income has been. If you want a larger mortgage than one lender is willing to provide, use [...] If you co-signed on someone else’s funding and the lender wants to pay it off, you may want to go to another lender. The lender may not include some of your monthly debt if it is about to be paid off. Debt And Income Ratios As Mortgage Factors Many lenders use a combination of two measures of your debt - with and without the mortgage.
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