What to know when preparing to apply for a home loan

Outlined below are 10 important factors to follow when applying for a home loan:

  • Do stay current on existing accounts
  • Don't apply for new credit of any kind
  • Don't close out credit card accounts
  • Don't max out or over-charge existing credit cards
  • Don't consolidate debt to one or two cards
  • Don't change our quit your current job
  • Don't make any large deposits unto your checking/savings account
  • Don't make any large purchases
  • Don't co-sign for any loans
  • Do call us, your mortgage provider. We are here to help!