Pay Down Your Debts Before You Apply for a Mortgage to Increase Purchasing Power

With home prices (and interest rates) on the rise, it’s getting more and more difficult to qualify for a mortgage. One simple strategy you can employ to boost your purchasing power is to pay down existing debts. I’ve already warned prospective mortgage applicants to avoid swiping their credit cards before and during the mortgage process, … Continue reading Pay Down Your Debts Before You Apply for a Mortgage to Increase Purchasing Power