buy now pay later mortgage impact
Avoid B2P Traps That Drain Your Loan Eligibility
Buy-now-pay-later (B2P) plans can shrink your mortgage eligibility by inflating debt-to-income ratios, lowering credit scores, and adding hidden costs that shrink the loan you qualify for. A single $600 monthly B2P payment adds $7,200 of annual liability, pushing many borrowers above the 43% DTI ceiling used by Freddie Mac.