Things NOT To Do During the Mortgage Process
October 1st, 2021 by tisner
1. DO NOT change jobs, quit your job, change pay structure, work less, or become self-employed.
2. DO NOT buy a new car (or you may be living in it!)
3. DO NOT let ANYONE pull your credit. Which means do not take on any new credit at ALL!
4. DO NOT charge up your credit cards until AFTER the closing.
5. DO NOT spend any money you have saved for the closing.
6. DO NOT deposit any cash OR make large deposits into your bank accounts.
7. DO NOT pay any bills late during the mortgage process.
8. DO NOT buy furniture or begin moving.
9. DO NOT change banks.
10. DO NOT deposit ANY cash into your accounts! (This really needs to be mentioned twice)
As long as you follow these simple steps, your transaction should be a smooth one. However, if you feel that it is necessary to do any of these items mentioned above, please call your lender to discuss how it will affect your mortgage loan approval.
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Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
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