Things to Avoid After Applying for a Mortgage
After you've applied for a mortgage, do you know what you need to avoid so you still qualify for your loan come closing time?
• Don't make any large deposits or transfers into your account before speaking with your lender.
• Don't make any large purchases.
• Don't co-sign other loans for anyone.
• Don't change bank accounts.
• Don't apply for new credit.
• Don't close any credit accounts.
Before you make any financial decisions, reach out to your loan officer to make sure you're in the best position when you get to the closing table.
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