Question by j j: How do home loans work with your available credit?
When you check your credit score or report it shows that you have so much debt and then it shows available credit you have left if you were to get like a car loan or school loan. So how does a home loan fit into that. Do they go by that available credit or what they expect it to be within the regular 30 year mortgage period?
Best answer:
Answer by src50
No – home mortgages are viewed differently from unsecured consumer debt like credit cards.
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