Desert Rose Financial Coach

Happy Easter everyone!

I ran into a real estate loan officer this week. He has a very real concern to mine. " Why can't people understand that when they have $90,000 in consumer debt, they can't qualify for a home loan?"

Let me tell you a true story about home ownership. Right after you move in and decide to remodel the kitchen, the A/C goes out, and the roof starts to leak. If you have a mortgage on the house, and $90,000 in debt, you are going to have a tough time handling that set of problems.

I do believe that everyone should have the opportunity to own a home, but they can only do that when they are financially ready. If not, the house wins and you head toward bankruptcy.

PLEASE. If you have debt, get on a budget, get it paid off, and get an emergency fund in place first. Having trouble getting this started? I can help. Consultations are free.

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