Back to Table of Contents

Why You Should Not Make 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.

Back to Table of Contents

DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Mary Ann Daniell

Mary Ann Daniell
Coldwell Banker United, Realtors
Killeen, TX 76549

254-681-4875
CONTACT

Quick Search


view all


Any

Any

No Min.

No Max.



Mary Ann Daniell | 254-681-4875 | Email Me
2710 S Clear Creek Rd Ste 115 - Killeen, TX 76549
Copyright © 2017, All Rights Reserved

 

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu