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Updated over 8 years ago,

User Stats

30
Posts
13
Votes
Stefan Coles
  • West Jordan, UT
13
Votes |
30
Posts

Debt to Income Ratio

Stefan Coles
  • West Jordan, UT
Posted

I am looking to buy my first property soon in SLC, Utah and have a potential issue that may prevent me from buying it.  I currently have a high debt to income ratio from a past marriage.  I know this is something that lenders look at when approving loans.  My concern is that I may not be approved for a loan from any lender because of this.  

Question is, has anyone with a high debt to income ratio been approved for a loan?  If so who was it through and how much of a hassle was it?  

Thanks in advance,

Stefan Coles

West Jordan, Utah

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