Get mortgage approval despite credit card debt today
Final Thoughts
While credit card debt can complicate the mortgage approval process, it doesn't have to be a barrier. By understanding your financial health, improving your credit score, and exploring specialized loan options, you can enhance your chances of approval. Consider working with a mortgage broker to access a broader range of options and gain insights into the best strategies for your unique situation. As you browse options and visit websites for more information, remember that the path to homeownership is within reach, even with existing debt.
References
- Consumer Financial Protection Bureau - Debt-to-Income Ratio
- Annual Credit Report - Check Your Credit Report
- HUD - FHA Loan History
- U.S. Department of Veterans Affairs - VA Loan Types
- National Association of Mortgage Brokers - What is a Mortgage Broker?