Lenders LOVE to fly through a smooth lending process just like home buyers do and just like agents do. Lenders encourage you to plan ahead and then stick to the plan through closing so the deal doesn't grow legs and walk away.
Here are the top 10 Do's and Don't during the loan process that I hear lenders flutter about saying while helping prep my buyers for a smooth move!
DON'T APPLY for any NEW credit! Until you MOVE!
DON'T MAX OUT or over-charge existing credit cards!
DON'T CLOSE accounts! Until. You. MOVE!
DON'T CONSOLIDATE DEBT to one or two cards!
DON'T CHANGE OR QUIT your job!
DON'T make LARGE deposits into checking or savings!
DON'T make any LARGE purchases! NOT. ONE!
DON'T CO-SIGN on any loans! Until you MOVE!
DO stay current on existing accounts!
DO call an EXPERIENCED REPUTABLE loan officer!
And the BONUS of the list: Call an experienced Realtor®, like me, to make a smooth move!