so true...

We've seen thousands of applications and thousands of common mistakes.  

Let us help you avoid them to ensure a smooth and hassle-free transaction.  If you have any questions, please ask us below.

It's better to ask now than make a mistake once you are in escrow and you have a deposit on the line.

So what if you have a life event while in escrow?

Many of these recommendations stem from the same issue - keep you financial picture the same. Even once you are pre-qualified, pre-approved or even once you are in escrow, a large change to your finances could jeopardize your approval.
If you are presented with a career opportunity (job change, new position, etc.), unless you are converting to commission or going self-employed it's probably fine. It's always better to check with us first if any large change is going to happen.
Here are some suggestions based on common mistakes home buyers have made over the years:

• DON'T make a major purchase (car, boat, jewelry, etc.)
• DON'T apply for new credit (even if you seem pre-approved)
• DON'T open a new credit card
• DON'T transfer any balances from one account to another
• DON'T pay off charge-offs without a discussion with us first
• DON'T pay off collections without a discussion with us first
• DON'T buy any furniture
• DON'T close any credit card accounts
• DON'T change bank accounts
• DON'T max our or over charge on your credit card accounts
• DON'T consolidate your debt into 1 or 2 credit cards
• DON'T take out a new loan
• DON'T start any home improvement projects
• DON'T finance any elective medical procedures
• DON'T open a new cellular phone account
• DON'T join a new fitness club
• DON'T pay off any loans or credit cards without discussing it with us
• DON'T transfer funds between different bank accounts while in escrow
• DON'T accept any GIFT money until we first discuss what documentation is necessary
  

Better than saying what not to do, here are some suggestions of what you should do:

• DO continue making your mortgage or rent payments
• DO stay current on all existing accounts
• DO keep working at your current employer
• DO keep your same insurance company
• DO continue living at your current residence
• DO continue to use your credit as normal
• DO call us if you have any questions