Welcome or Register
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
*Contact Information is NOT Shared*



Julio Lerma
KW Real Estate
6999 McPherson Rd., Ste 322
Laredo, TX 78045

Cell: 956-774-6532
Email Julio

Quick Search


view all


Any

Any

No Min.

No Max.

Contact US

Hi,

 

Please feel free to contact us any time. We have 9 agents ready to answer your phone call. Simply call 956-717-8676.







* fields are required


Julio Lerma   |   Phone: 956-999-4006 |   
Email Julio
KW Real Estate   |   6999 McPherson Rd., Ste 322, Laredo, TX 78045