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Declare small business card on mortgage app?

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adr1987
New Member

Declare small business card on mortgage app?

Hi all,

 

I am currently applying for a mortgage and was just wondering what is the right/ethical thing to do: should you declare a small business credit card you have for your side business assuming this side business is fully owned by you (and thus you are technically responsible for its debt)?

 

Thank you in advance for your help.

 

 

Message 1 of 3
2 REPLIES 2
StartingOver10
Moderator Emerita

Re: Declare small business card on mortgage app?

Yes, since you personally guarantee the repayment of the card, declare it on the mortgage app.

Message 2 of 3
adr1987
New Member

Re: Declare small business card on mortgage app?

Makes sense, just wanted to make sure. Thank you for your help

Message 3 of 3
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