     Anonymous | Tuesday, November 02, 1999 - 06:51 pm 
I have heard that when mortgage lenders consider your debt, that an installment loan (such as my car loan) might be not counted if it's close to being paid off. I've heard less than a year or less than six months. Does it vary? My car loan is at about 13 months and I could pay it down a few months but probably not down to below six. Any advice? |
| Christine Baker | Wednesday, November 03, 1999 - 10:21 am
Last I heard, it was 10 month. Check with your lender/broker! |
| Lynn Whealer | Thursday, November 04, 1999 - 09:06 am
When I bought my house in DEC 99 (CA), 10 months was the answer, as Christine stated. |
