Credit, Debt Dings Don’t Always Doom Mortgage Applications
Chicago Tribune, Jan. 30, 2017–Kenneth R. Harney
New data from technology company Ellie Mae, whose loan application and management software is widely used in the mortgage field, reveals that even if you’ve got what seems to be a deal-killing low FICO score or you’re carrying a mountain of debt, you still might have a shot at qualifying for a mortgage to buy the house you want.
