Potentially, yes. Loan providers the possess different procedures, and while of numerous restrict credit simply to individuals having less than a beneficial 50% ratio, other people provides way more independence.
In some instances, a professional lender might be confident with a top debt total, dependent on most other facts that decrease the chance.
A great amount of loan providers use their underwriters to decide on if or not a financing is actually viable, thinking about certain circumstances including:
- Whether discover various other highest-risk what to candidates which have a debt to money ratio over 50%.
- While you are combining expenses to the mortgage application, just in case so, perhaps the financial have a maximum number permissible.