1 minute read
THINGS TO AVOID AFTER APPLYING
For A Mortgage
Consistency is the name of the game after applying for a mortgage.
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Do not change jobs, become self-employed or quit your job.
Do not buy a car, truck or van (or you may be living in it).
Do not use credit cards excessively or let your accounts fall behind.
Do not spend the money you have set aside for closing costs.
Do not omit debts or liabilities from your loan application.
Do not buy or finance expensive products.
Do not originate any inquiries into your credit or close any credit accounts.
Do not make large deposits without first checking in with your loan officer.
Do not cosign a loan for anyone.
The best plan is to fully disclose and discuss your intentions with your lender before you do anything financial in nature
