Ten Commandments When Buying a Home or Applying for a Mortgage
Thou shalt not change jobs, become self-employed, or quit your job.
Thou shalt not buy a car, truck, or van or you may find yourself living in it!
Thou shalt not use credit cards excessively or let accounts fall behind.
Thou shalt not buy furniture with money set aside for closing.
Thou shalt not stop paying your rent or current mortgage.
Thou shalt not omit debts or liabilities from your loan application.
Thou shalt not originate any inquiries on your credit.
Thou shalt not co-sign a loan for anyone.
Thou shalt not make large deposits without checking with your loan officer.
Thou shalt not change bank accounts or transfer funds back and forth between accounts.
Contact us for more information about the do's and dont's in the buying process.