Credit card limits
Posted on January 21, 2010 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
When applying for a mortgage, it’s the LIMIT on your credit card, not the outstanding balance that’s taken into account by lenders.
So if you don’t get close to the limit, reduce it as much as you can. It will make a big difference to the size of the mortgage you can take out.
Filed under: REAL ESTATE | Tagged: Real Estate