New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
Re: use money for down payment or pay off debt??

You need to be planning for closing costs as well as your downpayment, and to have 2 to 6 months of reserves post-closing, IMO. If the lender isn't worried about the trade-line, then your focus should be on the mortgage.

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