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Preparing for a Mortgage Application
Comments
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Live in the house for 6-12 months, clear up your banking history, let the defaults drop off and pay your friend off.
You'll be in a much stronger/happier financial state after 12 months.
If you're making monthly payments of that size, as previously stated the underwriters will see it and alarm bells will ring.0 -
Live in the house for 6-12 months, clear up your banking history, let the defaults drop off and pay your friend off.
You'll be in a much stronger/happier financial state after 12 months.
If you're making monthly payments of that size, as previously stated the underwriters will see it and alarm bells will ring.
Thanks bigsteve, when you say clear up your banking history, any specifics?0
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