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Thank you!

Message edited 6/25/2013 2:29:48 PM.

Re: What makes more sense? Credit/Mortgage ?

I would talk to a mortgage professional first, and let them advise you on what would benefit you more (have more cash or less debt). They can look at your credit and debt-to-income ratio and see if the high credit card balance is having a huge impact. But it depends on how much debt you have overall (compared to income), and if you have other open credit lines that are less utilized (which would help).

If you can get a mortgage in the price point you are hoping to buy in without paying off the credit card, it may make sense to reserve your cash for down payment, closing costs, and then moving and other expenses (furniture, renovations).

But there is no harm in talking to a mortgage professional now and getting some concrete advice that's tailored to your situation. It costs you nothing, you are not locked into using that lender, and it will be much better than the generalized advice you can get on here.

Let me know if you need any recommendations!