Debt Ratio plays into the Mortgage situation but your income, employment & credit history in total are all elements that play into getting a loan. Professional Mortgage Broker or your local Bank can help you figure it out & best of luck!!
This question needs to be more specific. You would want to know exactly how much debt you have and what your monthly income is. That is debt to ratio and that usually determines if you are eligible for a loan or not.
Depends on your definition of some debt. When you apply for a mortgage, they are going to pull up your credit report and see just how much debt you have. A mortgage accounts for about 28% of your income per month and if you cannot afford that, you probably won't qualify for a mortgage.