Welcome or Register

Not Making Any Major Credit Purchases

 

Don’t go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation.

Every $100 you pay per month on a credit payment could cost you about $10,000 in home eligibility. For example, a car payment of $300/month could mean that you qualify for $30,000 less in a mortgage.

Even if you have accumulated enough savings, you should consider not making any large purchases until after closing. The last thing you want is to know that you could have purchased a new home had you curbed the urge to spend.

Quick Search


view all


Any

Any

No Min.

No Max.

Testimonials

"You have been so helpful and our venture would not be successful without your help." Greg and Christy - Raeford, NC
"Tell your Broker that you are the best Realtors I have ever worked with!" Kathryn - Pennsacola FL
View All