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Don’t Buy a Couch and Other Things to Avoid During
It’s easy to get caught up in new furniture and appliances for your new place. Before you do anything for your new home, think about how your loan closing could be affected.
Before your loan closes, lenders are required to pull a refreshed credit report. Any major changes can delay your closing or even result in a denial.
In general, these are the main things to avoid during the home loan process.
Don’t change jobs, quit your job, or become self-employedDon’t buy or trade in a vehicleDon’t increase debt balances or let current accounts fall behindDon’t spend money you saved for closingDon’t omit debts or liabilities from your loan applicationDon’t buy furniture or appliances, o…
Information Source: Information and Real Estate Services, LLC. Terms of Use: Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.