The DO’s and DON’Ts During the Mortgage Process

If you’re purchasing your first home, the mortgage process is likely very new to you. Even if you’re ready for your 2nd or 3rd home, it’s important to be prepared.

As your local mortgage lender, we want to provide you with some do’s and don’ts during the mortgage process.

 

Once you’ve been pre approved, here are some things to DO:

DO: Continue to pay your rent or mortgage payments on time

DO: Stay current on all your existing accounts

DO: Keep working at your current employer

DO: Continue to use your credit as normal

 

There are also several DON’Ts during the mortgage process that we want to help you avoid.

DON’T: Make any major purchases such as a car, boat, etc.

DON’T: Transfer money between accounts

DON’T: Close or open any new accounts

DON’T: Apply for any new credit

DON’T: Pay off any collections (without having spoken with us first)

DON’T: Buy furniture just yet- wait until after you’ve closed on your home

 

For more DON’Ts to the mortgage process to help your family be more prepared, check out more things Darren recommend to not do:

 

The biggest DO that we recommend after you’ve been pre approved is to call or email us with any questions you may have. We will provide you with the best information for your situation and help you through each step of the mortgage process.

 

For questions or more information, contact Darren Copeland, your local mortgage expert, call (816)268-4025 or email him at darrencopeland@kcloantips.com.

 

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