Back to Table of Contents

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.

Back to Table of Contents

GILLESPIE AGENCY (SINCE 1928)
Steve Gillespie

Phone: 406-761-0001
Email: steve@montanarivers
"Challenge the status quo"! 

MontanaRivers.com
&

Gillespie Realty
(since 1928)

Bring your fly-rod & and lets go look!  

Call Steve Gillespie or Jim Purdy for honest, friendly service!

 34 years & 11 years in Real Estate respectively:

Montna License: RRE-BRO-LIC #1346 - Steve Gillespie
Montana License: RRE-RBS-LIC #16778 - Jim Purdy
 

Expect & embrace change!

Let me know how you think the "Real Estate" Servcie should operate in today's world!  
I'm very interested to hear your thoughts. 

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu