Buy now, pay later: How do mortgage pros deal with 'phantom debt'?
Debt from "buy now, pay later" credit accounts can be difficult for mortgage professionals to navigate as they look to qualify a borrower.
Source: housingwire.com
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Debt from "buy now, pay later" credit accounts can be difficult for mortgage professionals to navigate as they look to qualify a borrower.
New rules come into effect in July
The decision in the case has the potential to change the role of agents and loan officers.
If buyer agents suddenly become less prevalent, loan officers will be forced to forge new relationships with listing agents.
I've found that creating a tech stack for your company allows lenders to streamline their various software into one, efficient application suite.