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216 N.  Main Street, Monroe City, Missouri 63456
"In the heart of Mark Twain Lake Country"

REALTORS®

573-735-2245  800-748-7586
Email Us               Inquiries@SeeRealEstate.com
Licensed in the State of Missouri

         FARMS-HOMES-RECREATIONAL-COMMERCIAL

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Why You Should Not Make Any Major Credit Purchases

Don’t go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation.

Every $100 you pay per month on a credit payment could cost you about $10,000 in home eligibility. For example, a car payment of $300/month could mean that you qualify for $30,000 less in a mortgage.

Even if you have accumulated enough savings, you should consider not making any large purchases until after closing. The last thing you want is to know that you could have purchased a new home had you curbed the urge to spend.

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See Real Estate  216 N Main Street - Monroe City, MO 63456
 573-735-2245 | Email Us

inquiries@seerealestate.com
Licensed in the State of Missouri
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