Q: Can I still get a mortgage while I'm in a debt management program?

A: There are no legal restrictions against obtaining a mortgage while you're in a debt management program (DMP), however, some mortgage lenders may consider it negatively, and thus, deny you a mortgage or expect you to pay higher interest rates. This should be expected, but membership in a DMP does not prevent you from getting a mortgage, and if you've made your DMP payments on time for a year or two, mortgage brokers may actually consider it to be a positive.

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