In particular we focus on getting the loan structure right the first time, choosing which lenders to use in the right order (yes this is important) and finally getting our clients the best deal possible.
Lenders prefer a debt-to-income ratio lower than 36%, with no more than 28% of that debt going towards servicing a mortgage or rent payment. While there are variations between the different types of debt-to-income ratios that lenders will accept when assessing prospective borrowers, banks and financial institutions generally apply the debt-to-income ratio as part of the credit analysis process.
