Below are a few reminders of "don'ts" before you close on your loan. If you are uncertain about what to do, please call our office for guidance.

• DON'T acquire any additional credit lines, make any large purchases on existing credit, or transfer any credit card balances without first consulting us. For example: Purchasing a car or buying appliances for your new home will change your debt-to-income ratios.
• DON'T change jobs without consulting us. A change in compensation may affect your ability to qualify. Borrowers must have a two-year history of bonuses and/or commissions to be counted as income. Lender may verify employment on the day of closing as a quality control check.
• DON'T co-sign with anyone to obtain a line of credit or make a purchase. The payment will show up on your credit report as an additional debt.
• DON'T negotiate your contract without talking to your loan officer first.
• DON'T negotiate your contract with an allowance and expect to get money back at closing. An allowance can be used to pay closing costs and/or pre-paids.

Click here to find out what you SHOULD do.