Would college loan debt hurt me when asking for a HM loan?
I'm beginning to sink back into depression that I live with off and on, and ever since I left school it's been more frequent. I've called in sick 4 times over my 6 month probation period which isn't good. I think it would be better for me to go to college even if I have to go into debt to give me more structure in my life, have friends again and study something I'd enjoy. Since I began learning about investing, accumulating debt doesn't sound so scary because you're working with big numbers all the time, both in profit and in loans.
But my questions is, if I went into debt, would that hurt my chances of getting a hard money loan? I do plan to save while I'm in college, but I don't want to kill my credit score.
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Only thing I look for in my loans is no open bankruptcy and no foreclosures. Credit doesn't matter. If you have a 300 that's a diffrent story. Income and debt is irrelavent as well. It's an asset based loan so as long as you have down payment your all good.