Frisco Mortgage News

Top 10 Mortgage Commandments

March 3rd, 2014 9:36 AM by Christopher Lear

  1. Thou shalt not change jobs, become self-employed or quit your job.
  2. Thou shalt not buy a car, truck or van (or you may be living in it!)
  3. Thou shalt not use charge cards excessively or let your accounts fall behind.
  4. Thou shalt not spend money you have set aside for closing.
  5. Thou shalt not omit debts or liabilities from your loan application.
  6. Thou shalt not buy furniture
  7. Thou shalt not originate any inquiries into your credit.
  8. Thou shalt not make large deposits without first checking with Lear Financial Group.
  9. Thou shalt not change bank accounts.
  10. Thou shalt not co-sign a loan for anyone.

Following these 10 steps can honestly make or break you when it comes to closing on your mortgage loan!

Posted in:General
Posted by Christopher Lear on March 3rd, 2014 9:36 AM