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Jola Mohan
Jola Mohan
DRE # 01367352
The Real Estate Group
Torrance, CA 90505

310-941-7961
Contact Me

Contact Me

Whether you’re ready to buy or sell or simply want more information on your real estate options, please feel free to contact me at (310) 941-7961 or by email to jolamohan@hotmail.com. I will be happy to assist you. 





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Why You Should Not Make Any Major Credit Purchases

Don’t go on a spending spree using credit if you are thinking about buying a home, or in the process of buying a new home. Your mortgage pre-approval is subject to a final evaluation of your financial situation.

Every $100 you pay per month on a credit payment could cost you about $10,000 in home eligibility. For example, a car payment of $300/month could mean that you qualify for $30,000 less in a mortgage.

Even if you have accumulated enough savings, you should consider not making any large purchases until after closing. The last thing you want is to know that you could have purchased a new home had you curbed the urge to spend.

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