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Struggling with mortgage approval due to income vs debt balance
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Just went through the whole mortgage approval circus for an investment property, and man, the lender was super picky about my debt compared to income. I thought my credit score would be enough, but nope, they kept bringing up this ratio thing. Had to shuffle some debts around and even pay off a small loan to get approved. Anyone else had to juggle debts or tweak finances just to get the green light on an investment property?
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