There are many factors that can change your ability to qualify for a mortgage. It’s important to follow these guidelines until your loan is closed.

Do

• Pay all your monthly bills on time
• Keep track of all your bank deposits and statements
• Find and organize documents such as W-2s, tax returns and other statements related to investments and/or other finances
• Get pre-approved before you start looking for your new home
• Leverage Elevate to make the entire process easy and contact us with any and all questions

Don’t

• Apply for new credit cards, loans or purchase offers
• Deposit or withdraw large amounts of cash without speaking to your Loan Officer
• Change jobs, your pay structure or employment status
• Charge current credit accounts/cards to the maximum
• Make large purchases such as cars, appliances or furniture
• Take debt consolidation action or pay off collections or charge-offs

Any changes to your current financials could affect your current financial picture. We are always here to provide guidance and advice as you begin your home buying journey.