November 5th, 2019

How Does My Existing Debt Affect Getting A New Mortgage?

How Does My Existing Debt Affect Getting A New Mortgage?

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Carrying debt is a common problem that people have. Some of the most common types of debt include student loans, credit cards, and motor vehicles. When you are interested in buying a new home, you often think about whether or not your debt is going to hurt your chances of qualifying for a new mortgage.