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Updated over 1 year ago on . Most recent reply

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John Mason
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Will lenders lend if I have a personal loan of 25000 USD?

John Mason
Posted

I have a personal loan with a very big branded credit card company  with whom i have borrowed 4 times (each time about 30000 USD)and paid back

Will this affect my ability to buy a primary residence if I have a  recent loan of 25000 USD with this credit card company?

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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
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Taylor Dasch
  • Real Estate Agent
  • Temple, TX
Replied

It depends on your income / DTI and also what kind of loan you are going for. I would speak with a lender and see what your options are - also they will be able to tell you exactly what you would need to do to be able to qualify.

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