Posted on March 14, 2019 - 10:10 AM
by Imma Carletto
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.
Imma is knowledgeable, thorough, upbeat, very service oriented. She was resourceful in helping us show our house to it's best advantage. With her upbeat personality, she was very skilled in dealing with prospective buyers as well as other agents. We recommend her highly.Sanda Lewis
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Date Last Updated: 2019-08-18