Understanding Mortgage Approval Factors

Same salary, same house, yet very different mortgage approvals? Here's what lenders

actually evaluate: Debt-to-income ratio - how much of your income is already locked into existing

payments? Credit history - long-term repayment behavior, not just a single

score. Down payment - more upfront money lowers the lender's risk.

Employment stability - consistent income matters more than recent jumps. Interest rates

- higher rates automatically reduce approval limits. So mortgage approval is more of a risk

assessment, not an income test.