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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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Straughan Real Estate

Thomas Straughan, Broker
Kimberly Poisso, Realtor  and  Daniel Wyatt, Realtor

1703 West Court Street
Winnfield, LA 71483

(318) 648-0980 office


(318) 628-0400 Thomas cell     (318) 302-1252 Kimberly cell    (318) 471-7695 Daniel cell

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Thomas Straughan | 318-648-0980 | Contact Me

Kimberly Poisso | 318-302-1252 | kpoisso@gmail.com

Daniel Wyatt | 318-471-7695 | danielbwyatt@bellsouth.net

1703 West Court Street - Winnfield, LA 71483

Licensed in the state of Louisiana | Licensed by the Louisiana Real Estate Commission
Copyright © 2017, All Rights Reserved