SHould I cancel these before applying for a loan?
things like Netflix, Spotify, gym membership. Would that increase the amount I could get approved for? by kalpol240 from Cusick, Washington. Jul 10th 2020
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
NO. Lenders do not consider recurring debt for the type of things you mention. We don't consider gas, electric and phone bills either. Things like credit card payments car and other loan payments are counted against your debt servicing ability. I'd be happy to help you put together a plan for becoming a homeowner. Just give me a call. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.
Ask our community a question.
Get an answer
