A strong credit score gives many buyers confidence as they prepare to purchase a home. Good payment history and responsible credit use are valuable, but they do not guarantee approval. There are several other important factors that lenders review, and any one of them can slow down or stop the process. When Your Debt Becomes a BarrierYour credit score reflects how well you manage credit, but lenders also review how much debt you carry. High monthly obligations can limit the loan amount you … [Read more...]