What Not To Do - Things To Consider For A Stress-Free Buying Process
Once you have been approved for a mortgage, you may want to consider these tips to avoid any complications at closing:
- Avoid applying for any new credit accounts – multiple credit inquiries may affect your credit score.
- Avoid taking on any new debt – Any new debt may affect your debt to income ratio and credit score.
- Avoid moving money around in your accounts – All new transactions and movements must be accounted for and tracked by the lender.
- Trust your Real Estate agent and Loan Officer with any questions you may have during process.