The Seven Don'ts of Mortgage Funding

So you are buying a home? Congratulations! Here are a few helpful tips to keep your home buying process on track and stress-free!

  1. Don't change your employment status.
  2. Don't make major purchases (cars, furniture, home theater, vacations, etc.).
  3. Don't increase your credit card debt or miss any payments.
  4. Don't change bank accounts or make large undisclosed deposits.
  5. Don't apply for a credit card, co-sign a loan or make a credit inquiry.
  6. Don't spend money you have set aside for closing - not any, not ever.
  7. Don't delay in providing all paperwork asked for by the mortgage company.

Secure the loan - close on your home!

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