May 18th, 2018 2:54 PM by Mike Herborn
DO: Make sure your loan is approved, not just pre-approved or pre-qualified.DON’T: Go house shopping without knowing what you can afford.
DO: Understand your credit and know your credit scores.DON’T: Open or close credit lines without first consulting with your Loan Originator.
DO: Keep the lines of communication open.DON’T: Be slow to respond to your Loan Team.
DO: Make a Savings PlanDON’T: Make major purchases or open credit cards/loans.
DO: Maintain your current employment and incomeDON’T: Make major changes such as quitting your job or changing jobs.
DO: Have a paper trail for funds coming in and out of your account. DON’T: Make large cash deposits into your bank account other than your paycheck.
DO: Keep good records.DON’T: Be surprised if you are asked for additional documents.
DO: Ask questions.DON’T: PANIC! (Let your Loan Originator at Stepping Stone Mortgage handle it!!)