Consider consulting with a Mortgage Advisor who can get you Pre-Approved. In addition, it should not be a problem if payments are being made on time and is not delinquent. However it may affect how much you can get pre-approved for since this will increase your debt amount.
I hope this answered your question. Please feel free to contact me should you have any future questions.
Wishing you the best of luck,
De Vonte Williamson, LSA
Coldwell Banker Residential
Proudly Serving Long Island