5 red flags in your bank statements that could derail your mortgage application
If you're planning to buy a home, you'll likely need to apply for a mortgage. A mortgage is a long-term financial commitment, and lenders want to be sure that you're a responsible borrower before they approve your application. One of the key factors lenders consider when assessing your eligibility is your bank statements. Your bank statements provide a detailed record of your financial habits, including your income, spending, and debt. Here are five red flags in your bank statements that could derail your mortgage application.