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The Ten Commandments When Applying For a Loan in Collegeville PA

By
Real Estate Agent with eXp Realty 201856

The Ten Commandments

When applying for a Real Estate Loan

1. Thou shalt not change jobs, become self-employed 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 shalt not omit debts or liabilities from your loan application.

6. Thou shalt not buy furniture.

7. Thou shalt not originate any inquires into your credit.

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

9. Thou shalt not change bank accounts.

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

They may sound like common sense, but breaking any one of these rules could endanger everything you've worked towards!

Make it an Awesome Day!

Glen 610.792.3000

WWW.GlenRussell.Com

Posted by

Glen Russell

The Glen Russell Team

eXp Realty 

610-792-3000

888-397-7352 Ext 710

info@glenrussell.com