Do NOT Do List When Buying A Home

Mortgage and Lending with Cambria Mortgage NMLS 274132

Minneapolis, MN: If you are in the process of, or about to be buying a home, there are many DO NOT DO items that can unintentionally turn your mortgage loan pre-approval unto a loan denial. Some may make sense, like don't quit your job during the process, but the number of people who actually do is surprising, so understanding some of the major DO NOT DO items is important.

If you want to change job, but a new car, buy furniture for the new home, just be patient; there will always be time after closing.

Do do list before closing


Do NOT have new credit pulled

Do NOT take out any new credit of any kind (including furniture)

Do NOT buy a car, truck, or van (or you may be living in it)

Do NOT increase the balances on your credit cards. You can use them, just don't add large amounts

Do NOT spend any of your down payment money

Do NOT move money around accounts, or make any large deposits

Do NOT change bank accounts

Do NOT sell property (cars, motorcycles) without getting a bill of sale, a copy of the cashiers check, and title transfer

Do NOT cosign any loan for anyone

Do NOT change or quit your job


If you are thinking of doing any of these Do Not items, please consult your Loan Officer FIRST to see how it may or may not effect your loan approval. You don't want to accidently get denied.


Joe Metzler is a 25+ year verteran Loan Officer for Cambria Mortgage, who lends in Minnesota, Wisconsin, Iowa, South Dakota, North Dakota, COlorado, Texas, and Florida. 

Call (651) 552-3681, or just apply online.



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Joseph Metzler

Sr Loan Officer
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