12/28/2022
Applying for a Mortgage? Here is what not to do during the process.
Don't make any large purchases
Don't cosign for loans (could offset DTI and affect credit)
Don't deposit large amounts of untraceable cash
Don't apply for new credit (causes red flags and has to be explained)
Don't close old accounts that report to credit (could drop score)
Do Talk to your lender before doing anything that could affect your buying power. Be patient it will be worth it.