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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.

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Bridgett Howell
BridgeWell Realty Inc

1540 Hwy 138 SE Ste 3D
Conyers, GA 30013
Phone: 404.941.0435
Email: b.howell@bridgewellrealtyinc.com

Contact Me

Bridgett Howell
404-941-0435 | Contact Me





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Bridgett Howell | 404-941-0435 | Contact Me
1540 Highway 138 SE Ste 3D - Conyers, GA 30013
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