I am about to start the process of getting pre-approved for my first mortgage. My credit is good, I make enough money, however, I have a high balance CC with my bank. I have never defaulted, and always make a higher payment each month than whats required. The interest rate is around 19%, and I have been thinking of applying for a personal line of credit and transferring the balance (maybe not all of it). But since I am in the process of getting pre-approved, should I wait? Or would it be smart to do this before applying for a mortgage?
Submitted August 21, 2018 at 01:19PM by seanwatson https://ift.tt/2By18XM
