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Yes, any form of debt will be assessed in relation to your income when you apply for a mortgage. Lenders calculate your debt-to-income ratio to help make their decision about whether you can afford the size of the mortgage you're applying for.
While you're waiting to close on a home, you can still use your credit card, but it's best to only use it for small purchases and pay off the balance in full.
Quick answer: Absolutely you can. It's called a cash-out refinance and it's a great option for some people. Here's what it boils down to: home loans typically have lower interest rates compared to credit cards, which typically have high interest rates.
Section VI: Assets and liabilities In this section, you'll list assets including savings, checking and retirement accounts and any properties you own. Under liabilities, you'll include all debts such as car loans, credit cards, other mortgages and any alimony or child support you're obligated to pay.
The only thing that changes with the transfer of servicing rights for your mortgage is who you make your payment to. You'll receive communication from your current servicer with additional information, including contact information for your new servicer.