News Detail

Top 10 Rules To Follow When Applying For A Mortgage Loan.

January 2, 2020|Arizona Phoenix homes, Arizona Real Estate, Buy House, Cash offer for houses, Chandler Realtor, Invell Homes, Investing, Mortgage Loan, Sell House

1) Do not change jobs or quit your job.

2) Do not purchase a new car, truck, van or any other vehicle.

3) Do not use credit cards excessively or let current account fall behind.

4) Do not spend money you have set aside for closing.

5) Do not omit debts or liabilities from your loan application.

6) Do not buy furniture.

7) Do not allow new inquiries on your credit.

8) Do not lose the paper trail or any large deposits in the bank. 

9) Do not change bank accounts 

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

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Compare

Enter your keyword