Mortgage Do’s and Don’ts
We want the smoothest home buying experience for you. These Mortgage Do’s and Don’ts will keep you on track!
DO
Do start shopping for your homeowner’s hazard insurance
Do inform your loan officer of any changes in your income
Do inform your loan officer if you will be obtaining money from anyone to help with your purchase (may or may not be allowed).
Do keep paper trails on all deposits throughout the loan process (copy of checks, deposit slips, etc.)
Do inform your loan officer if you will be out of town during the loan process
Do consult with your loan officer before making cash deposits into your banking accounts
DO GET PAPERWORK requested by your loan officer to them as soon as possible (paperwork delays = closing delays)
DON’T
Don’t change employment or quit current employment during your loan process
Don’t move money back and forth between bank accounts
Don’t shuffle any financial accounts (401k, Mutual Funds, etc.) without consulting your loan officer first
Don’t open new credit lines – no new autos, furniture, or any type of deferred financing
DON’T MAKE CASH DEPOSITS INTO YOUR BANK ACCOUNT without first consulting with your loan officer
Pat, Thank you for working so hard on our loan we know it was a difficult case. I just wanted you to know how much we appreciated it. You were wonderful to work with 🙂
S. Davis
Grand Rapids, MI
Marty explained the process of purchasing a home with such honesty and professionalism. He was very knowledgeable and responsive throughout the whole process. I would recommend him to anyone in need of financing.
Cassaundra R.
Byron Center, MI
Extremely pleased with everyone that took their time to explain and clarify certain stuff we didn't understand. We felt they went beyond their duty to get us to closing day!
Joaquin F.
Kansas City, MO