How much less home will I be able to buy if I purchase a new car?Regrettably, it’s a question that I rarely get asked. In fact, I’ve never been asked that question. The topic has only ever come up when I have to dash someone’s hope of buying their dream home because they impulsively saddled themselves to a $600 per month car note for six or more years and then a few months later thought they might want to buy a home.
4 things mortgage lenders look at
Lenders use a lot of jargon, and it can get confusing. But once you know the basics, it's all really very simple. Here are the 4 basic things that every lender is looking for when deciding whether or not to make your home loan. Ricardo Cobos NMLS 120651 (919) 526-0183