A question many potential home buyers ask when applying for a mortgage is: Should I pay off debt before applying for a home loan? Credit card debt, auto loans and other forms of debt can all have an impact on a person's credit score, which in turn affects the rate they are able to get on their mortgage (or their ability to qualify in the first place). The answer isn't always as simple as a yes or a no, but there are a few figures to keep in mind that can aid in making this decision. Potential...

Read More