Home › Forums › Purchase Program › step seven #3
Tagged: credit card usage
This topic contains 1 reply, has 2 voices, and was last updated by TTrumble 4 months ago.
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)
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.
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