{"id":100342,"date":"2018-10-22T13:00:23","date_gmt":"2018-10-22T06:00:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-25000-in-credit-card-debt-can-i-get-a-mortgage\/"},"modified":"2018-10-22T13:03:44","modified_gmt":"2018-10-22T06:03:44","slug":"i-have-25000-in-credit-card-debt-can-i-get-a-mortgage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-have-25000-in-credit-card-debt-can-i-get-a-mortgage\/","title":{"rendered":"I have \u00a325,000 in credit card debt \u2013 can I get a mortgage?"},"content":{"rendered":"


\nI have not missed any payments, but fear I will be rejected due to my maxed-out cardsQ I am 47 and on a good annual income of \u00a345,000, but owe \u00a325,000 in credit card debt, which is nearly 90% of my available credit. My wife is 37 and has a lower income of \u00a322,000, but no debt and an excellent credit score. We are desperate to buy our first home and have saved around \u00a316,000 to put towards the deposit.With my high level of credit card debt \u2013 but no missed payments \u2013 is it likely that I will be approved for a mortgage on my own? I have got agreements in principle, but feel that when a full application is made, horrible questions will be asked about my nine, mostly maxed-out credit cards and that I will be rejected. I want to avoid a joint mortgage if possible as I don\u2019t want my wife\u2019s credit score being negatively affected by mine. CA Continue reading…
\n
\nSource : theguardian.com
\nRead more…I have \u00a325,000 in credit card debt \u2013 can I get a mortgage?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I have not missed any payments, but fear I will be rejected due to my...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100342","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-q6q","jetpack-related-posts":[{"id":167060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-decembers-fed-rate-cut-means-for-your-mortgage-credit-card-auto-loan-student-debt-and-savings\/","url_meta":{"origin":100342,"position":0},"title":"What December's Fed rate cut means for your mortgage, credit card, auto loan, student debt and savings","date":"December 11, 2025","format":false,"excerpt":"\r From\u00a0credit cards and car loans to mortgage rates, student loans and savings accounts, here's a look at the ways a Fed rate cut could affect your finances.\r \r Source : cnbc.com\r Read more...What December's Fed rate cut means for your mortgage, credit card, auto loan, student debt and savings","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163537,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-this-fed-rate-cut-means-for-your-credit-card-mortgage-auto-loan-student-debt-and-savings-account\/","url_meta":{"origin":100342,"position":1},"title":"What this Fed rate cut means for your credit card, mortgage, auto loan, student debt and savings account","date":"October 30, 2025","format":false,"excerpt":"\r Here\u2019s a look at all of the ways the Fed decision could affect your finances.\r \r Source : cnbc.com\r Read more...What this Fed rate cut means for your credit card, mortgage, auto loan, student debt and savings account","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mas-waives-tdsr-limits-for-deferred-mortgage-repayments\/","url_meta":{"origin":100342,"position":2},"title":"MAS waives TDSR limits for deferred mortgage repayments","date":"April 8, 2020","format":false,"excerpt":"\r Borrowers who apply to defer either their home loan\u2019s principal payment or both their interest and principal payments will be exempt from the TDSR limitations. 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This has happened to me.I needed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-steps-to-reduce-debt\/","url_meta":{"origin":100342,"position":4},"title":"Five steps to reduce debt","date":"January 8, 2012","format":false,"excerpt":"\r Four in 10 people use their credit cards to pay for groceries, while others are driven to debt just to cover the mortgage. 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The larger mortgage is on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100342"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100342"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100342\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}