Can You Get A Mortgage With Credit Card Debt?
Can you get a mortgage with Credit card debt? I wanted to talk about debt and how debt can affect your ability to qualify for a mortgage. In this video, I will review: - Can you get a mortgage with credit card debt - Does your debt affect how much mortgage you qualify for? Introduction/Channel Summary: Steven Crews Mortgage Broker with Paragon Mortgages & My Mortgage Broker .com On this YouTube channel, I provide information about mortgage financing in Canada. If you are a home buyer or homeowner, you can find information related to programs and options available to you. There are strategies and options available to Canadians that you may not be aware of and your local bank may not share all of these with you. In my opinion. Can you qualify for a mortgage with credit card debt? I'll answer that question at xx:xx of this video. Qualification Criteria is based on your gross income (that is, your income before tax) When a lender calculates how much mortgage you qualify for, they use 2 calculations.