10 Mortgage Commandments
So you have decided that you want to buy or refinance a home. You wonder if your finances are ready. Here are 10 Mortgage Commandments that you need to follow when applying for a mortgage.
- Thou shalt not change jobs
- Thou shalt not buy a car, truck or boat unless you plan to live in it
- Thou shalt not max out your credit cards
- Thou shalt not close any accounts
- Thou shalt not spend your down payment money
- Thou shalt not buy furniture (or anything else) before your loan closes
- Thou shalt not become self-employed
- Thou shalt not make any large undocumented deposits into your bank account
- Thou shalt not shuffle your money
- Thou shalt not co-sign for anyone
When you’re ready to buy your first home, refinance, or get that reverse mortgage, call Steve today! He’ll talk with you personally and spend the time it takes to get the perfect loan for you.
- Click here to contact Steve
- Click (719) 266-5500 to call Steve if you’re on a mobile phone