This applicant would normally not be approved for a mortgage due to his poor credit rating, however with the combined income and his down payment, we think that he is a reasonable candidate to have a mortgage for home to be approved. His combined family income is sufficient and he has a good down payment. [...]

This prospective home owner is actually in a very good position to have his mortgage approved. Although he and his wife have a bad credit rating, it is not due to poor financial management issues in the past. Rather they are one of the few applicants who literally have no debts and have not defaulted [...]