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THINGS TO AVOID AFTER
APPLYING FOR A MORTAGE
After applying for a mortgage, there are specific things you must remember to do. For example, discuss any changes in your income, assets, or credit with your lender so you don't jeopardize your application. Just as important are the things you must remember NOT to do after submitting your mortgage application.
Don't change
bank accounts
1
2
don't apply for new credit or
close any credit accounts
3
don't make any large purchases
4
don't deposit cash into your bank accounts before speaking with your bank or lender
5
don't co-sign other
loans for anyone
After applying for a loan, the best plan is to fully disclose and
discuss your intentions with your lender before making any financial moves.
After applying for a loan, the best plan is to fully disclose and
discuss your intentions with your lender before making any financial moves.
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