Undisclosed New Debt After Home Loan Application

Arizona mortgage applicants for the most part know getting a new car loan is a "no-no" during the home loan process.  However,  most do not know  making significant charges on existing credit cards during the mortgage process causes challenges. Apply for a Home Loan  Team@JeremyHouse.com 602.435.2149 UDM Movement - Just Beware and Be Careful In the era of UDM, mortgage lenders must monitor for large credit card charges after a credit report was pulled.   Debt increases that occur after an … [Read more...]