04/09/2026
When qualifying for a , lenders will review your income and your assets, as well as your credit. Your bank statements show your available assets but also give the lender an idea of how you manage your money, in addition to what is shown on your credit report. If you are showing repeated overdraft fees in your bank accounts, you will have to explain them to the lender. They are looking for explanations about things that are out of your control. Simply saying you have overdraft protection so you don’t have to move your money doesn’t give the lender a lot of confidence. What would you pay a fee for something you could easily avoid. Actively manage your money and move funds ahead of expenses so you do not have overdraft fees in your bank accounts! If you need help, I have a good friend who can help you create a budget and plan. Comment BUDGET and I’ll connect you!
