Table of contentsBathroom RefreshUpdate Your Floor PlanKitchen Remodel on a BudgetExterior RefreshQuick FixesBonus TipCheck out the video here for easy and inexpensive tips. https://youtu.be
Do's and Don't During the Mortgage Process
Dated: November 14 2019
Views: 220
Do’s and Don’ts during the mortgage process:
Do’s:
- Do stay current on existing credit accounts. One 30 day late notice can compromise your ability to be approved.
- Do continue to use your credit as normal. Changing your pattern will raise red flags & can lower your credit score.
- Do contact your mortgage loan officer first. For any questions or concerns.
- Do save the paper trail of any large deposits into your bank account.
Don'ts:
- Do not change jobs, become self-employed or quit your job.
- Do not make any large purchases such as vehicles or furniture.
- Do not max out credit cards. Do not use more than 30% of your available credit limit during the loan process.
- Do not spend money you have set aside for your down payment.
- Do not allow a creditor to pull your credit, this creates new inquiries on your credit report reducing your score.
- Do not change bank accounts.
- Do not co-sign a loan for anyone.
- Do not obtain a new line of credit.
- Do not close credit card accounts, closing a credit card account negatively impacts your credit history.
Sharon Lucido
Both my Dad and my Father-in-law were Real Estate Brokers. From watching them, I learned that real estate is not just about buying and selling, it's an emotional process that should be handled with ho....
Latest Blog Posts
Everyday I get asked this question. It is amazing!It's amazing that I get asked this question every day AND that the market is amazing?Yes, the rates are up, and they're up to about 5% right now. I
Land for sale in Bourne MA 02532 - Over an acre of land across the street from Great Herring Pond Bourne MA.A private, quiet Cul-De-Sac. Perked in 1997 and has been undisturbed since then. Not in a
MONEY MANAGEMENT with capital oneHow to Check Your Credit Whats the difference between your credit reports and your credit score?How to check and monitor both!Check / Monitor Your Credit
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
