You’ve made the exciting decision to buy a new home! The first step is getting pre-approved with a lender. Once you have your pre-approval letter, it’s important not to make any financial changes that could negatively affect your credit score before closing on your dream home. Here are some DO’S and DON’TS that can make or break your deal at close.
Purchasing a home is an exciting time and it’s fun to pick out new furniture, appliances and other decorations for your new home. Sometimes the unexpected happens and you need to tap into savings. The best rule of thumb is to consult with your lender before making any major financial decisions that could affect your credit. Your lender can provide the best insight to ensure your mortgage loan remains secure for closing.
