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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.

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Testimonials

Diego's heart is in his work. He finds you what you need versus what he needs to sell, and he remains present and easy to reach after you move in as needed. He's a rarity, an all-around good guy. Megan Nolan
Dedication is what put me into my apartment. Diego was on the phone with me daily if not more, till we found the perfect fit. With a guaranteed greeting of "Hello Sir" or By my surname, the professionalism of the office begins with hello. Tim Paolicelli
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Diego Jalca | Jalca & Associates, LLC | 646-957-1926 | Email Me
139 Glenmere Avenue Florida, NY 10921
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