Posted on December 21, 2018 - 08:49 AM
by Jinger Bartolini
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.
My fiance and I hired Jinger to help us buy our first home and I could not recommend anyone better for the job!
She worked around our budget and life schedules to show us so many hopeful homes and gave us great (invaluable!!) advice when it came to purchasing our home!
She is very sweet and always made us feel like a priority!
If/when we move again, we will use her again!kelsielagestee