Buyers Do's and Don'ts

Here is a list of helpful tips to ensure an effortless loan process.  These DO's and DON'Ts will help avoid any delays with your loan approval. 

DOs:

• DO continue making your mortgage or rent payments
• DO stay current on all existing accounts
• DO keep working at your current employer
• DO keep your same insurance company
• DO continue living at your current residence
• DO continue to use your credit as normal
• DO call me if you have any questions

DONTs:

• DON'T make a major purchase (car, boat, fur, jewelry, etc.)
• DON'T apply for new credit even if you seem "pre-approved"
• DON'T open a new credit card
• DON'T transfer any balances from one account to another
• DON'T pay off charge offs without discussing with us first
• DON'T pay off collections without discussing with us first
• DON'T buy any furniture
• DON'T close any credit card accounts
• DON'T change bank accounts
• DON'T max out or over charge your credit card accounts
• DON'T consolidate your debt onto 1 or 2 credit cards
• DON'T take out a new loan
• DON'T start any home improvement projects
• DON'T finance any elective medical procedure
• DON'T open a new cellular phone account
• DON'T join a new fitness club
• DON'T pay off any loans or credit cards without discussing with us first
• DON'T co-sign any loans or credit cards for anyone (including family members)

If you encounter a special situation, it is best to mention it to us or your mortgage professional right away so we can help you determine the best way to achieve your goals!