Keep Your clients Informed......

By
Real Estate Broker/Owner with Steelbridge Realty LLC

Keep Your clients Informed......
What Every Mortgage Applicant Should Know
 
1.   Thou shall not change jobs, become self-employed or quit your job. 

2.   Thou shall not buy a car, truck or van (or you may be living in it.) 

3.   Thou shall not use charge cards excessively or let your accounts fall behind. 

4.   Thou shall not spend money you have set aside for closing.

5.   Thou shall not omit debts or liabilities from your loan application.

6.   Thou shall not buy furniture.

7.   Thou shall not originate any inquiries into your credit.

8.   Thou shall not make large deposits without first checking with your loan officer.

9.   Thou shall not change bank accounts.

10. Thou shall not co-sign on a loan for anyone.




For additional information, contact:

Jeff Tumbarello

Residential & Commercial Lending
614 849 2241

jtumbarello@usavingsbank.com

 


Comments (7)

Dave Cheatham
INC Financial - Bartlett, IL
Right on with this.  I have had problems because of this with one client. He did 5 out of the 10.  What a killer
Oct 03, 2007 08:55 AM
Allen C. Wright
RealtyU - Aliso Viejo, CA
NS, AHS, REPS
Please create a temporary tatoo that you can place on your clinets forehead until the transaction is completed ... Great Post
Oct 03, 2007 09:04 AM
Jeff Tumbarello
Steelbridge Realty LLC - North Fort Myers, FL
lol
Oct 03, 2007 09:10 AM
Christine Bohn
RE/MAX Professionals - Gainesville, FL
The Bohn Team, Gainesville FL
Great Post.....I will print this and give it to my clients!
Oct 03, 2007 09:52 AM
Scot Thrapp
Coastal Palmetto Realty - Conway, SC
Bravo!  Should be made into stone!
Oct 04, 2007 02:05 AM
Rosario Lewis
DDR Realty - Newburgh, NY
GRI, SRES - DDR Realty - Orange County, NY
What a great list of thou shall nots! Two stone tablets, 5 on one and 5 on the other should do it.
Oct 04, 2007 02:09 AM
Jeff Tumbarello
Steelbridge Realty LLC - North Fort Myers, FL
there were 15 but we dropped one of the stone tablets
Oct 04, 2007 02:11 AM

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