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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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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

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Mike Wingfield
303-466-5777
mike.wingfield@iCloud.com

Lisa Fowler
303-919-6161

lisafowler.realty@iCloud.com

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Please provide the following information and we will get back to you as soon as possible. You may also call us anytime at 303-466-5777 or stop by our office at 7050 W 120th Ave #118  Broomfield, CO 80020. (office hours by appointment)





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