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The Jacques Company

3003 E. Chestnut Exp., Ste. 950
Springfield, MO 65802
417-832-1111
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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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The Jacques Company
3003 E. Chestnut Exp., Ste. 950
Springfield, MO 65802
Phone: 417-832-1111
Contact Us

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Thank you for finding the perfect home for our children. Also, for caring about and guiding them through the process. It was such a blessing getting to know you. We appreciate you! Ted and Kim

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