10 Things You Should NOT Do Before Closing on Your Home Purchase
Many transactions fall through because buyers believe that once they are pre-approved for a mortgage loan they are in the clear. THIS IS NOT TRUE! Lenders continue to scrutinize your finances right up until the closing. Any changes to your financial situation will raise red flags and may cause a delay in the closing or prevent the transaction from happening altogether. Here are some tips to help you keep the transaction together...
AFTER YOU ARE PREAPPROVED FOR A LOAN, DO NOT:
WAIT UNTIL AFTER YOU CLOSE ON THE HOME! Once you close on the home your lender will not scrutinize your finances as long as you make your payments on time.
Call/text 843-900-0155 or send an email to firstname.lastname@example.org for a list of awesome local lenders who can help you get started.