Can you get a mortgage when you are overdrawn?

Answer On One Hand: Theoretically, YesAccording to freelance mortgage broker Tony Saenz, most credit checks for a mortgage will include payment history, debt-to-income ratio and value of the home as compa... Read More »

Top Q&A For: Can you get a mortgage when you are overdrawn

If you have been overdrawn in your bank account, how have you dealt with being overdrawn before?

Well, my thoughts are that if you are going to have to pay the bank that $25.00 or $30.00 (or whatever it is now) for an over draft charge then you may as well make it worth your while. Better tha... Read More »

What happens when your bank account is overdrawn?

When your bank account is overdrawn, it means you have a negative balance in the account. It's a good idea to make a deposit as soon as possible to cover the negative balance. Your bank could charg... Read More »

Will a bank close your account if it is overdrawn?

If you overdraw your bank account just once, you will need to deposit the amount by which it is overdrawn. Your bank account won't be closed. However, over time, if you continue a pattern of overdr... Read More »

Is it legal to charge overdraft fees when you are already overdrawn?

Overdraft fees are charged to bank customers as a penalty for overdrawing against a banking account. Overdraft fees are charged upon the fact that there is no money in a customer's account and ther... Read More »