TIPS FOR HOMEBUYERS
ENJOY A SMOOTHER CLOSING
Below is a list of items that you and your co-borrowers may need to avoid doing after applying for a home loan to ensure a smooth home closing.
Don’t deposit “cash” into your bank accounts before speaking to your Loan Officer.
Avoid making any large purchases like a new car or furniture for your home. (New loan transactions)
Avoid making major purchases with credit cards.
Avoid co-signing on other loans for anyone.
Avoid applying for new credit. (Loans, Cards, etc.)
Don’t change jobs if you can help it.
Don’t miss any payments on current loans or cards.
Limit the number of transfers between accounts.
LET YOUR LOAN OFFICER KNOW IF YOU PLAN TO GET MARRIED DURING THE LOAN PROCESS.