Mortgage Loan Qualification Question?
I am wanting to obtain a mortgage later on this year. My husband is back to work after being laid off for a few months. I have also went back to work. My question is when my husband was laid off we had some NSF’s in our current account. We now have 5,000.00 in savings but I was wondering if we should close that account and open a new account so it doesnt show that there were NSF’s in early Jan 2011. Any idea’s?
Michele- That would be why we are waiting….to save more 🙂
Everyone else- Thank you for all your positive, helpful advice! Now I know what to do. It did not cause any bad credit affect. The bank paid all items and havent had any issue’s since.