Do we wait until our loan is paid off completely?

My wife and I are planning to buy a home in a year. We are waiting to pay off a personal loan we took out around 2 years ago before applying for a loan since it takes a big chunk of our DTI. Can we pre-approve a few months before the loan is paid off or do we wait until it gets paid off completely? by shazow502 from Clearview City, Kansas. May 13th 2022 Reply