Paying off debt can be a good thing BUT set a strategy with your lender because they can tell you what will help or hurt you. This is assuming you’re already pre-approved. If you’re working towards buying a property, setting a budget, saving a downpayment and paying down debt are great! But once you’ve gotten PreApproval run things by your lender before you make any big changes.
What about paying down/off debt?
Paying off debt can be a good thing BUT set a strategy with your lender because they can tell you what will help or hurt you. This is assuming you’re already pre-approved. If you’re working towards buying a property, setting a budget, saving a downpayment and paying down debt are great! But once you’ve gotten PreApproval run things by your lender before you make any big changes.