Five things not to do when buying a house

Here are 5 things to avoid doing when you’re either getting ready to buy a house or already in the process. Doing any of these things will cause huge issues with your lender over financing.

1. Do not change jobs

2. Do not switch banks or move money from one account to another

3. Do not pay off existing loans unless your lender requests it.

4. Do not make any large purchases like a car or furniture

5. Do not change your marital status

These are all red flags to a lender and you will have to provide extensive documentation justifying any such action.


0 replies

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *