First things first...Did you know if you do a 15 year mortgage instead of 30 year you can do a lower interest rate? I have a great lender who would love to fill you in on this!
The Ten C
The following Ten Commandments When Buying a Home or Applying for a Mortgage has been circulating online for many years. It has been published and republished by many real estate companies and lenders. While the original author is not known, this does not negate the importance that every potential mortgage applicant abide by them!Many individuals do not realize that even the slightest change in your finances can delay or ultimately jeopardize your mortgage approval. Most loan officers have seen each and every one of these commandments broken. Unfortunately, many of those loan applicants had their loan denied.Please take each of these Ten Commandments to heart as you go through the mortgage application process. Your loan approval is at stake! Ten Commandments When Buying a Home or Applying for a Mortgage Thou shalt NOT change jobs, become self-employed, or quit your job. Thou shalt NOT buy a car, truck, or van (or you may find yourself living in it!). Thou shalt NOT use charge cards excessively or let your accounts fall behind. Thou shalt NOT buy furniture with money set aside for closing. Thou shalt NOT omit debts or liabilities from your loan application. Thou shalt NOT stop paying your rent or current mortgage. Thou shalt NOT originate any inquiries on your credit. Thou shalt NOT make large deposits without first checking with your loan officer. Thou shalt NOT change bank accounts or transfer funds back and forth between accounts. Thou shalt NOT co-sign on a loan for anyone. Any one of these items could result in your loan being denied. Please notify your loan officer immediately if any of these actions were taken after you applied or after your credit was pulled.
Hi, my name is Denise. I am 35 years old and my journey in real estate started in Alaska in 2014. I moved to Arizona in 2017, got my license in 2018 and joined Keller Williams at the beginning of th....