Whether you're applying for a home loan for the first time or you're an experienced buyer, there are some important things to keep in mind to ensure that your home buying process is simple. Here are some tips to help you feel confident when you're applying for a mortgage.
Thou shalt not change jobs, become self employed or quit your job
Thou shalt not buy a car, truck, van or boat (you may be living in it)
Thou shalt not use credit cards excessively or let current accounts fall behind
Thou shalt not spend money you have set aside for closing
Thou shalt not omit debts or liabilities from your loan application
Thou shalt not buy furniture
Thou shalt not originate any inquiries into your credit
Thou shalt not make large deposits without checking with your loan officer
Thou shalt not change bank accounts
Thou shalt not co-sign anything for anyone
Any of the above you want to do… GREAT… Do it AFTER CLOSING!! ;)