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Irseg, you should be commended for having such little debt at your age, along with an excellent income. As far as your income being half salary and half consulting fee, it should not be a problem. I am not sure what you mean by half of it being a business venture, but I would suggest that you just say it is all income, and not detail that you have a business in addition to your regular job ( unless you have had the business venture for at least 1 year and it shows up on your tax return as positive income.) Many people have side jobs/businesses that they use to write off a lot of income in order to pay less taxes, but then when it comes to qualifying for a mortgage they have a tough time qualifying because of their lower adjusted income. A good mortgage lender can work with you on this. One final bit of advice, try not to make any major purchases before you close on the new home. In other words, don't buy a new car, or furniture for the new home until you have actually closed on the home. Even if you purchase something that you do not have to make payments on until a year from now, that debt will show up on your credit report and count against your debt to income ratio.
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