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Top 10 Things NOT To Do When Buying A Home...
Our business partner and mortgage broker extraordinaire Laura Horacek with GSF Lending shared a great list of things NOT to do when buying a home with us last week.  She said that she recently had a borrow quit her job just days before closing and didn't realize it would be a problem because she found another job quickly.  
 
Clearly, it was a problem.  The deal did not close because of this.
 
Here are the Top 10 Things NOT To Do When Buying A Home:  
 
10.  I will NOT co-sign on any new credit for anybody else.  
 
 9.  I will NOT initiate any new inquiries into my credit.  
 
 8.  I will NOT close any of my bank accounts or change banks.  
 
 7.  I will NOT make any large deposits before checking with my Mortgage Lender. 
 
 6.  I will NOT establish any new items of credit within 60 days of my closing.  
 
 5.  I will NOT omit debts or liabilities for my mortgage application.  
 
 4.  I will NOT spend funds that have been set aside for closing.  
 
 3.  I will NOT use my existing credit cards excessivelly or fall ... more

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