BE ON THE LOOKOUT
Throughout the loan process there are things you can do and things you can avoid that will make everything run smoother.
Let us show you how we make "Closing Simplified".
DO'S
- DO Provide all requested financial documentation within 24 hrs
- DO Disclose all of your income that you would like considered for qualifying purposes
- DO Disclose all of your debts (i.e. side business, alimony, child support, additional real estate owned etc.)
- DO Be upfront about your credit (good, bad or otherwise)
- DO Pay all of your bills on time (mortgage, rent, car payments, credit cards, etc.)
- DO Continue to use your credit card as you normally would, but not excessively
- DO Make your spouse available to sign at closing if purchasing a primary residence
- DO Keep in communication with your Loan Originator or Loan Partner
DON'TS
Without talking to your Loan Originator first
- DON'T Change or quit your job
- DON'T Apply for New Credit or Loans of any kind
- DON'T Pay off debts, collections or charge-offs (unless advised to do so by your Loan Originator)
- DON'T Move
- DON'T Co-sign or become a co-borrower on any other loan
- DON'T make major changes to your asset structure
- DON'T make any cash deposits into your bank accounts
