step seven #3

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    quick question…. debts are not increased? is this referring to opening new lines of credit or using credit that is already established (i.e. gas card, major cc)



    Hello meplus1,

    Actually, both. Any increase in your month-to-month obligations will affect your budget and thus your affordability. This is one of the most hard-and-fast rules when getting a mortgage anywhere, not just with NACA.

    Tim Trumble
    Online Operations, NACA

    • This reply was modified 10 months, 1 week ago by  TTrumble.
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