Janes gross monthly income is $3,300. She is applying for a mortgage loan that will have a $800 monthly mortgage payment (principal and interest). In addition, property taxes will be $100 per month, and homeowners insurance will be $50 per month. Janes other debt payments are $250 (car loan) and $200 (minimum payments on credit cards.) Will she qualify for the mortgage loan if her lender requires the mortgage debt service ratio to be no more than 30 percent and the debt payment ratio to be no more than 40 percent?

Yes or no?