Thursday, April 26, 2012

What not to do when you are planning to buy a home!!!

So you want to bu a new home.  You have made the decision and you and your family really want to buy a new home.  We talk so much about what you should do, save money, watch your spending, get your credit in line, get pre-approved etc...

FREE online mortgage Quote

But what should you NOT do?

*Make any large purchases.  Do not by a new car, toys like atv's.  Anything that will hit your credit and increase your DTI

*Charge up your credit cards.  Do not go out and by new furniture, charge a trip.  Let things ly.

 San Jose Home Loans

*Make large deposits into your accounts.  Any large deposits will need to be sourced.  Meaning you will have to prove where they came from.

* Have anyone give you large cash deposits.

*Make Late payments

*Mix business and personal account funds

Interest Rate Quotes here

*Pay off or allow any collections.  Pay the collections through escrow.

* Quit, Retire or Change jobs.

* Get divorced

These are just a few things that I have seen that effect loan files in the past.



 Keith Woeste


 
Home Loan Consultant

 
American Financial Network

 
330 Tres Pinos Rd.,Ste F3

 
Hollister, CA 95023

 
"Making Clients Family for Life"

 

 

 
PH.831-801-8667

 
FX. 831-665-5260

 
NMLS#292588

 
To complete and secure online application go to http://www.hollistermortgage.com

 
http://www.onlinemortgage-lenders.com/

 
http://www.repairmy-fico.com/


 
http://www.hollistermortgage.com/


 
http://www.mortgages4california.com/
 

No comments: