Protect Your Credit
Don’t Jeopardize your mortgage loan approval with Credit Report changes!
You may not be aware of new laws protecting your borrowing rights that require lenders to check your credit one more time before your loan closes. Any recent changes to your credit report could affect your loan approval!
Protect your loan approval…
- Do Not buy a new car or trade-up to a bigger lease
- Do Not quit your job or start a new company
- Do Not switch from a salaried job to a commissioned job
- Do Not omit depts from your loan application
- Do Not forget to pay bills on time
- Do Not open new credit cards
- Do Not make undocumented deposits into your bank account
- Do Not buy furniture or appliances until after the loan has closed
- Do Not allow any third parties to make inquiries to your credit
- Do Not co-sign a loan for anyone