When you're getting ready to buy a home, try to avoid doing these costly mistakes. New homeowners are better knowing ahead that even when they've been approved by a lender, the Escrow time is ‘trial time' and their score, debt-to-income ratio and funds, can be checked again, any day, until the day of closing. The next mistakes , when trying to get a home-loan, could delay a closing date, or could break a deal because of inability to obtain financing:

1.       Don't buy or lease an auto.

This will change your debt-to-income ratio and make you a riskier client for lenders.

2.       Don't move assets from one bank account to another.

 Lenders need to know where the funds come from, if there is a sudden deposit, you need to track it back.

3.       Don't change jobs.

New jobs are less secure than one you've had for a long period. New jobs have a probation period.

4.       Don't buy new furniture or mayor appliances for your ‘new home'.

This affects your debt-to-income ratio, and may disqualify you for a loan you had been approved before.

5.       Don't run a credit report on yourself.

This will show as an inquiry on your lender's credit report.

6.       Don't pack information needed for the loan application.

Have handy all the papers you may need, or you'll have an endless job of finding: W-2 forms, divorce decrees, tax returns, etc.

Little things that can change a transaction!