Do car loans affect mortgage 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
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
评论(499)
Helpful(122)
Helpful
Helpful(2)

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