Buy now, pay later: How do mortgage pros deal with ‘phantom debt’?
Traditionally, Silex Financial Group ran the initial numbers for a potential borrower to qualify for a mortgage based on what’s on their credit report, according to Racamato. “But we saw recently with a client that none of her buy now, pay later payments were on her credit report,” Racamato said in an interview with HousingWire. [...]read moreBuy now, pay later: How do mortgage pros deal with ‘phantom debt’?