Hi There- On the surface this looks good and shouldn't be a problem. Why do you think a loan might not be possible ? The key reasons we are denying people on loans are , Poor Credit (620 or less)-Income (need 2 year history and must be in same line of work), and loan to value combined with poor credit cause lender and or mortgage insurer to deny. Debt to income ratios above 45%. But in the above scenario you seem to have most of these covered. Is the income above monthly or annually ? A quick estimate, it it costs about $477 per month for every 100K you borrow for principal and interest on a 30 year loan at today's interest rates. The debt to income ratio limit is 45% in most cases, but in some cases I can go to 55%. If you would like more information email me at firstname.lastname@example.org. Have a great day. WE specialize in Real Estate and Finance in the Conejo and Simi Valley area.