Do’s and Don’ts

Here is a list of helpful tips to help expedite the loan process. These DO’s and DON’Ts will help avoid any delays with your final approval. 

-DO try to get your loan documents and checklist items back to us ASAP
-DO continue making your mortgage and/or rent payments
-DO stay current on all existing credit accounts
-DO continue living at your current residence
-DO continue using your credit as normal
-DO call us with any question
-DO keep documentation for all non-payroll deposits
-DO know from what account money for closing will come
-DO know that funds for closing need to be certified check or wire (Check with your title company)

-DON’T make unnecessary banking transfers
-DON’T change banks during the process
-DON’T pay off any loans or credit cards without discussing with us
-DON’T make any major purchases (car, jewelry, boat, etc.)
-DON’T apply for new credit (even if already pre-approved)
-DON’T open any new credit card
-DON’T pay off any collections without a discussion with us first
-DON’T pay off any charge off without a discussion with us first
-DON’T transfer any credit balance from one account to another
-DON’T take any credit card advance
-DON’T dispute any credit accounts
-DON’T close any credit card accounts
-DON’T change employment status or compensation type without checking with us first
-DON’T start any new home improvement projects