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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.

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Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information about property on the Ms. Gulf Coast and many homes for sale in Biloxi, Ocean Springs, Gulfport and Long Beach. If you are a return visitor, thank you. We would love to hear from you and tell us how we can serve all of your real estate needs.

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Fidelis Realty
2318 Pass Rd
Suite 7-A
Biloxi, MS 39531
Phone: 228 896-4200
Email: info@fidelisrealty.com
www.fidelisrealty.com

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Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information about property on the Ms. Gulf Coast and many homes for sale in Biloxi, Ocean Springs, Gulfport and Long Beach. If you are a return visitor, thank you. We would love to hear from you and tell us how we can serve all of your real estate needs.

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