Do car loans affect mortgage 2024?

Luna Ramirez | 2023-06-13 10:00:23 | page views:1924
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Olivia Clark

Studied at Yale University, Lives in New Haven, CT
If you miss a few payments, you will hurt your chances of getting a home loan. Lenders use your debt-to-income ratio (or the amount of your monthly debts versus your take-home pay) to determine your ability to repay your mortgage. ... If your auto loan pushes you above the limit, you may not qualify for a home loan.Apr 25, 2014
2023-06-20 10:00:23

Lucas Wilson

QuesHub.com delivers expert answers and knowledge to you.
If you miss a few payments, you will hurt your chances of getting a home loan. Lenders use your debt-to-income ratio (or the amount of your monthly debts versus your take-home pay) to determine your ability to repay your mortgage. ... If your auto loan pushes you above the limit, you may not qualify for a home loan.Apr 25, 2014
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