10 Commandments of Mortgage Lending

10 Steps to Help Avoid Disaster During the Mortgage Process

Thou Shall Not     Change Jobs or Become Self Employed

Thou Shall Not     Buy a Car, Truck or Van unless you plan to live in it

Thou Shall Not     Use your Credit Cards or let you Payments fall behind

Thou Shall Not     Spend Money you have saved for your Down Payment, get a gift for                                closing costs or take a retirement loan without first consulting your                                   Mortgage Broker

Thou Shall Not     Buy Furniture before you buy your House

Thou Shall Not     Originate any new inquiries on your credit report

Thou Shall Not     Make any large Deposits into your bank account unless you plan on                                 documenting that deposit and origin of the money (basically                                              anything that is not payroll related)

Thou Shall Not     Change Bank Accounts

Thou Shall Not     Co-Sign for Anyone

Thou Shall Not     Purchase ANYTHING until after closing

If you have any questions on how one of these items may affect you, please call me. It is important to get it right!