Helpful Tips For A Smooth Loan Approval
DO
- Continue making your mortgage or rent payments
- Stay current on all existing accounts
- Continue living in your current residence
- Be prepared to secure all deposits
- Ask us before making financial decisions during loan process
- Alert us if your salary or other compensation changes
DON’T
- Make any major purchases (i.e. car, major appliances, etc.)
- Apply for or open a new credit card account
- Transfer any balances from one account to another
- Quit your job
- Close any credit card accounts or change bank accounts
- Run your credit before asking your Mortgage Banker first