Top 10 Rules When Applying For A Mortgage

Dated: 02/14/2018

Views: 185


I. Do not change jobs, become self-employed or quit your job

II. Do not purchase a new car, truck or van

III. Do not use credit cards excessively or let current accounts fall behind

IV. Do not spend money you have set aside for closing (down payment)

V. Do not omit debts or liabilities from your loan application

VI. Do not buy furniture

VII. Do not allow new inquiries on your credit report

VIII. Do not lose the paper trail of any large deposits into your banking account

IX. Do not change bank accounts

X. Do not co-sign a loan for anyone or obtain a new line of credit

Source: Prime Lending
Andrew Augustyniak
Branch Manager
NMLS: 911628
Office: 602-601-3863
Mobile: 480-735-4095
Fax: 866-908-2760
1820 East Ray Road Suite A114
Chandler, AZ 85225
[email protected]

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