10 Things NOT To DO After Loan Application

By
Real Estate Agent with Global Home Brokers

10 Things NOT To DO After Loan Application

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1.  Do not switch banks or move money around                                                  

2.  Do not disregard your lenders requirements

3.  Do not switch jobs

4.  Do not quit your job

5.  Do not co-sign on a loan for anybody else

6.  Do not ignore telling your mortgage broker about any material changes in the Purchase &  

      Sale agreement

7.  Do not take on new debt

8.  Do not buy or lease a new car

9.  Do not stop making regular payments on your existing mortgage

10. Do not charge on your credit cards

 

 Original content from NICARD Real Estate Group

 

Provided courtesy of the Global Home Brokers Team 
Keller Williams Realty Bothell 

Our goal is to be a resource for our clients and serve the community.

 

Give me a call and let's go find your home!
425-298-7318 for information on Buyer's Representation Services
(NO COST TO HOME BUYERS) 


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Provided courtesy of the Global Home Brokers Team 
Keller Williams Realty Bellevue

 

Our goal is to be a resource for our clients and serve the community.

 

 

 

Give me a call and let's go find your home!
425-298-7318 for information on Buyer's Representation Services 
(NO COST TO HOME BUYERS)

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10 things not to do after loan application

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Rainmaker
172,492
Trisha Bush-LeFore
Preferred Properties Land & Homes - Walla Walla, WA
Providing Realtor Services in the Walla Walla Area

Mary,

Great points. I'll share these tips on what not to do after the loan application with clients. I don't think people always think about how their decisions effect their loan application. Thanks.

Feb 10, 2014 03:09 AM #1
Rainer
62,118
John Owen
Right at Home Realty Inc., Brokerage - Oshawa, ON
Broker serving Durham Region, Ontario

Mary, great advice.  It's very common for a second credit report to get pulled just before closing.

Feb 10, 2014 03:40 AM #2
Rainmaker
670,806
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Good tips Mary.  Never assume that the lender will go over this information, and cover these points if they do not.

Feb 17, 2014 04:25 AM #3
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Rainer
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