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Mortgage Process Started .When need to pay Credit Card
mailsmsi
Posts: 96 Forumite
My mortgage application process started from virgin money through broker.
Last week they take valuation fees from my bank account. On the mortgage application form ,I told i will repay my credit card due.
q1) Within how many weeks , I need to repay credit card?
q2) Can I withdraw £ 1000 from my mortgage deposit money now ?
say I need 12000 pound deposit. I want to withdraw 1000 pound now . When solicitor ask , I can pay 12000.
I have deposit in bank account .I send bank online statement
But I need some cash now.
Last week they take valuation fees from my bank account. On the mortgage application form ,I told i will repay my credit card due.
q1) Within how many weeks , I need to repay credit card?
q2) Can I withdraw £ 1000 from my mortgage deposit money now ?
say I need 12000 pound deposit. I want to withdraw 1000 pound now . When solicitor ask , I can pay 12000.
I have deposit in bank account .I send bank online statement
But I need some cash now.
0
Comments
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Are you struggling to repay your credit card and needing cash at this time. Are you ready for buying a house?
When the lender does a credit check on full application and you haven't paid your credit card it will affect your affordability."It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
It is not a fixed date.On the mortgage application form ,I told i will repay my credit card due.
q1) Within how many weeks , I need to repay credit card?
It is on, or before, completion.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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