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Underwriting - debt to ratio
nat_
Posts: 47 Forumite
Hi, our application is with the underwriters at NatWest but I'm concerned we are going to fail the affordability checks. Do underwriters do debt to ratio on things like childcare costs, new mortgage cost, bills etc? If so ours is 61%.
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@nat_ Debt To Income ratios (where the term is used) usually refers to non-mortgage debt. But if there was an issue with your DTI or your overall affordability in general, that would normally have shown up as a credit-score and/or affordability fail at the AIP/DIP stage, so I wouldn't stress about it.nat_ said:Hi, our application is with the underwriters at NatWest but I'm concerned we are going to fail the affordability checks. Do underwriters do debt to ratio on things like childcare costs, new mortgage cost, bills etc? If so ours is 61%.
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