Can You Secure a Mortgage With an Unsecured Credit Card?
Do you wonder if you can secure a mortgage with an unsecured credit card? Read on to know the crucial factors you should remember for securing a mortgage.
A common question some borrowers ask is if they can secure a mortgage with unsecured credit cards. The simple answer to this question is no. Unsecured credit cards are not backed by collateral, making them a risky investment for lenders. When applying for a mortgage, you must thoroughly understand why unsecured credit cards are not an ideal fit for...
