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Consider this when applying for a Real Estate Loan

By
Real Estate Agent with VIRTUAL PROPERTIES REALTY 294098

1. Thou shalt NOT change jobs, become self emploted or quit your job.

2. Thou shalt NOT buy a car,truck or van ( or you may be living in it) !

3. Thou shalt NOT use charge cards excessively or let your accounts fall behind.

4. Thou shalt NOT spend money you have set aside for closing.

5. Thou shald NOT omit debts or liabilities from you loan application.

6. Thou shalt NOT buy furniture.

7. Thou shalt NOT originate any inquaries into your credit 

8. Thou shalt NOT make large deposits or cash deposits, without first asking your loan officer

9. Thou shalt NOT change bank accounts.

10. Thou shalt NOT co-sign a loan for anyone

 

If you have any questions please feel free to call me at:

Veronica Urquilla 770.856.0375 or veronicaurquilla@gmail.com

8. 

Bette Gottwald
UNITED REAL ESTATE | Central PA - Mechanicsburg, PA
"Bet"on Central PA Real Estate!

Veronica, this is great advice for all Buyers.  I learned the hard way a long time ago to provide the "thou shall not" list to my folks.

Jan 17, 2014 09:24 AM