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

Find an Agent


view all

House 2 Home Realty
Marion, IL 62959
618-997-4663

h2hrealty@gmail.com

Quick Search


view all


Any

Any

No Min.

No Max.

Carterville Office
1301 S. Division Street
PO Box 233
Carterville, IL. 62918

Marion Office
2400 A Williamson County Parkway
Marion, IL. 62959
Lake Of Egypt Office
1990 S. Market Road
Marion, IL. 62959

Benton Office
905 W. Washington
Suite 1
Benton, IL. 62812

 

 

Phone: (618) 997-HOME (4663) |Email: celia1820@gmail.com

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu