Daily Archives: November 4, 2007
Racking Up Debt Before Closing
Credit card debt can hurt your chances of closing on a home even if you have already been approved for a mortgage. What many borrowers don’t realize is that the lender may take another financial snapshot of their lives just before the closing. The second pull of your credit history and credit score could come any time within a week or two of your scheduled closing date. Keep your debt-to-income level the same as it was at the time the loan was approved.
Ilyce Glink on WSB Radio – November 4, 2007
This week on the Ilyce Glink Show, Ilyce spent some time going over year-end tax tips with Barbara Weltman, a tax expert from J.K. Lasser. She also discussed how women can better handle their money with Kiplinger’s Magazine editor Janet Bodnar, and took calls about credit cards, being self-employed, and selling a house after a divorce. All this and more on this week’s Ilyce Glink Show,.