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Rental Property Financing
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Yeah, lenders definitely love seeing those steady paychecks roll in, but from my experience refinancing last year, debt levels still matter quite a bit. My income was solid—not crazy high, but comfortable—and the bank still grilled me about my student loans and car payments. Felt like they were more worried about my monthly obligations than my actual salary. So I'd say income opens the door, but low debt can really smooth out the approval process... at least that's how it went for me.
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