10 Commandments for Home Buyers
1. Thou shalt not change jobs, become self-employed or quit your job.
2. Thou shalt not buy a car, truck or van.
3. Thou shalt not use credit cards excessively or let your accounts fall behind.
4. Thou shalt not spend money you have set aside for closing.
5. Thou shalt not omit debts or liabilities from your loan application.
6. Thou shalt not buy furniture or any other big ticket item that requires financing.
7. Thou shalt not authorize any inquiries into your credit.
8. Thou shalt not make large deposits without first checking with your loan officer.
9. Thou shalt not change or close bank accounts.
10. Thou shalt not co-sign a loan for anyone.
March 26th, 2010 at 6:28 pm
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