10/06/2026
Holiday shopping season is almost here, and for many people that means a little extra spending. 🎁
Buy Now, Pay Later services are becoming an increasingly popular checkout option. They can make larger purchases feel more manageable by spreading payments out over time.
But if you're planning to buy a home, there's something important to keep in mind:
💡 Buy Now, Pay Later accounts can count toward your monthly debt obligations.
That means they may increase your debt-to-income (DTI) ratio, which is one of the factors lenders use when determining how much home you can qualify for.
Before using this payment method during the mortgage process, it's a good idea to talk with your Loan Officer. A short-term purchase today could have an impact on your homebuying plans tomorrow.
The bottom line: If you're preparing to buy a home, think twice before taking on new debt, even if the payments seem small.
