10 Commandments of Buying A Home With Financing!

THE 10+ COMMANDMENTS OF MORTGAGE FINANCING

  • Thou shall NOT change jobx, become self-employed or quit your job!
  • Thou shall NOT cosing a loan for anyone!
  • Thou shall NOT buy a Vehicle (or you may be living in it)!
  • Thou shall NOT use credit cards excessively or make late payments on any accounts.
  • Thou shall NOT spend money you have set aside for closing!
  • Thou shall NOT omit debts or liabilites from your loan application!
  • Thou shall NOT buy furniture, appliances or household items before closing.
  • Thou shall NOT originate any inquiries on your credit report!
  • Thou shall NOT make large deposits without first checking with your Loan Officer.
  • Thou shall NOT change banks nor open new financial accounts!

And One more thing - Thou shall NOT bounce any checks!!