Yes basically. I am in the process of getting a mortgage in Ireland and they will give you up to 4x the gross income of those applying. This doesn't include any deposit or savings you may have of course.
Over here in Croatia they only look at your last 3-6 pay slips and that's it. I own a small LLC and I gave myself a raise before taking out a mortgage, then after I got the mortgage I returned back to my original salary.
On a 2.200 EUR before tax salary I was cleared for a 150.000 EUR mortgage, but could have went even above that. They don't care about deposits or savings, even though owning a credit card and investing briefly (40 EUR each month for 2-3 months, then you can stop investing) in one of the bank's funds does lower your interest rate (which was 2.48% before New Year, now it over 3%).
