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Here is a helpful tool that will provide useful information when learning about the Mortgage Loan Process.


Top 9 Things NOT To Do During Your Loan Process

Here is a simple list of key things NOT to do during your loan process.


1

Don’t quit your job.

2

Don’t switch banks or move your money around..

3

Don’t co-sign on a loan for anyone else.

4

Don’t let anyone pull your credit for any reason whatsoever.

5

Don’t forget to inform your loan officer about any changes in the purchase agreement you and the seller agree upon after you have applied for a mortgage.

6

Don’t lease a car or allow a car dealer to “pre-qualify” you for a lease or loan.

7

Don’t take on new debt.

8

Don’t stop making your regular monthly payments after applying for a mortgage.

9

Don’t ignore your loan officer when they ask for something. We don't make this crap up - we really need it!


Always consult with your loan officer when there is a question regarding any of this because it could cost you your home loan.

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