Mortgage  Do’s  &  Don’ts

Simple Guidelines That Help Keep Your Loan on Track

DO’s
  • Keep making all your regular monthly payments (auto, credit cards, student loans) on time.
  • Keep your income and employment steady, and let us know right away if anything changes.
  • Send all requested documents as soon as you can.  Scan documents and/or send in PDF form.
  • Keep a paper trail for all deposits and transfers into your bank accounts.
  • Keep your funds accessible (down payment / closing funds) and avoid moving money around unnecessarily.
  • Do check with us before making big financial decisions (new car, new credit card, co-signing, etc.).
  • Stay reachable!  Respond quickly to all document requests.  Check your email at least 1 time per day throughout the loan process.  
  • Do ask questions!  That's what we are here for!
DON’Ts
  • Don’t open new credit (cards, store financing, furniture, appliances, etc.) while your loan is in progress.
  • Don’t make large purchases (especially on credit) without checking with us first.
  • Don’t change jobs during the loan process.
  • Don't change from salary (or hourly) to commission or self employed during the loan process.
  • Don’t co-sign for anyone even if they promise they’ll make the payments.
  • Don’t close credit cards or accounts unless we tell you to do so.
  • Don’t deposit cash without discussing it with us first.
  • Don’t ignore lender/underwriting requests.  This will almost always delay closing.
  • Don’t assume “it’s fine" to do something.  It's better to ask if you're unsure.