USEFUL TIPS & REMINDERS
USEFUL TIPS & REMINDERS
USEFUL TIPS & REMINDERS
LOAN PROGRAMS
RESOURCES
Do not close any account that has been paid to 0$. Keeping accounts open increase your available credit, a major factor in credit score formulation.
If possible, do not open any new account. New accounts have immediate negative effect on credit.
Make sure all payments are paid on time. Late payment is one of the most weighted factor in credit score.
Do not make any large or major purchases.
Do not make any irregular deposit into your bank account. Each deposit need to be documented.
When receiving a gift to be used for your home purchase, do not take or deposit any funds until all proper forms are completed with your loan officer.
Each bank has processing turn-times. Try to get all requested documentation unto your loan officer in a timely manner to reduce delays.
All documents such as bank statements and paystubs need to be updated every 30days, up until the day you close.
Do not close any account that has been paid to 0$. Keeping accounts open increase your available credit, a major factor in credit score formulation.
If possible, do not open any new account. New accounts have immediate negative effect on credit.
Make sure all payments are paid on time. Late payment is one of the most weighted factor in credit score.
Do not make any large or major purchases.
Do not make any irregular deposit into your bank account. Each deposit need to be documented.
When receiving a gift to be used for your home purchase, do not take or deposit any funds until all proper forms are completed with your loan officer.
Each bank has processing turn-times. Try to get all requested documentation unto your loan officer in a timely manner to reduce delays.
All documents such as bank statements and paystubs need to be updated every 30days, up until the day you close.
- Do not close any account that has been paid to 0$. Keeping accounts open increase your available credit, a major factor in credit score formulation.
- If possible, do not open any new account. New accounts have immediate negative effect on credit.
- Make sure all payments are paid on time. Late payment is one of the most weighted factor in credit score.
- Do not make any large or major purchases.
- Do not make any irregular deposit into your bank account. Each deposit need to be documented.
- When receiving a gift to be used for your home purchase, do not take or deposit any funds until all proper forms are completed with your loan officer.
- Each bank has processing turn-times. Try to get all requested documentation unto your loan officer in a timely manner to reduce delays.
- All documents such as bank statements and paystubs need to be updated every 30days, up until the day you close.
GET IN TOUCH WITH US TODAY
Do you have any question about a new or existing mortgage? Ready to apply for your loan? Let us know how we can assist you.
GET IN TOUCH WITH US TODAY
Do you have any question about a new or existing mortgage? Ready to apply for your loan? Let us know how we can assist you.
GET IN TOUCH WITH US TODAY
Do you have any question about a new or existing mortgage? Ready to apply for your loan? Let us know how we can assist you.