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Business, 18.01.2020 19:31 Svetakotok

Jamal tried to apply for a mortgage. however, he was turned down for the loan because the loan officer noticed that he had made late payments to his credit card and he had not made payments on a loan. what questions should he have asked himself before deciding to buy a home?

a) do you have enough money saved up to cover two to three months of mortgage payments in case you lost your job?
b) do you have a steady income and stable job?
c) do you have a good credit report and credit score?
d) do you have enough money saved for a down payment and closing costs?

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