Why am I yelling at you for skipping or paying your cell phone payment late? Because I want you to get a Mortgage!
Many people think that cell phone payments do not effect your credit. However as of last month every cell bill has been reporting to the credit agencies the whole duration of the account. Which means Telus, Kodo, Rogers, and Bell are all on your credit report with a complete history of your account from DAY 1.
This is being factored into the decision making process of underwriters as of now. I did have a deal that was close to getting approved, and the underwriter cited bad payment history on the clients cell phone bill as one of the reasons for not approving them at this time.
Don't get mad, just make sure you pay your cell bills on time going forwards, and I promise I will stop yelling at you! Till then if you do want that mortgage with the best product and mortgage rates, you should call or text me! 403-807-8779 I will shop all the banks for you.
Dependably yours,Michael
