What not to do when you are in contract.

Columbus, Ohio Home Loans …. What not to do when you are in contract!

What not to do when you are in contract.

You have found your dream house. You are pre-approved. Your contract has been accepted. Your mortgage papers are in order. All seems well, you are on your way to getting the house you always wanted. Don’t make the following mistakes many homebuyers make which can destroy a loan approval.

• DO NOT Change Jobs … especially going from salary to commission
• DO NOT Co-sing a loan for anyone for any reason
• DO NOT Change bank accounts or make any large deposits
• DO NOT Buy furniture on credit … 12 months same as cash counts
• DO NOT Try to hide any bills or liabilities from your loan application
• DO NOT Spend your down payment money
• DO NOT Buy a car or any other big ticket item

Some of these may seem simple but any one of these “DO NOT’s” could mess up your purchase. Keep these facts in mind when you are looking for your home loan in Columbus or Central Ohio.