purchasing a home: 7 Things You Should NOT Do When Applying for a Home Loan - 03/12/11 05:25 AM
This is a list of things to steer clear of when you are seeking to obtain financing for a home. If you do any of these things, please contact your loan officer immediately.
Even if you have been pre-qualified, we can help you re-qualify.
1. Don’t buy or lease an auto!
Lenders look carefully at your debt-to-income ratio. A large payment such as a car lease or purchase can greatly impact those ratios and prevent you from qualifying for a home loan.
2. Don’t move assets from one bank account to another!
These transfers show up as new deposits and complicate … (1 comments)

 
John Balladares (Peoples Bank)

John Balladares

San Mateo, CA

More about me…

Peoples Bank

Address: 1300 S El Camino Real, Suite 300, San Mateo, CA, 94402

Office: 650(571) 562-6409

Mobile: (415) 806-2670

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