Buying a home with a mortgage loan? Be careful you obey these ten commandments for a smooth closing.
Ten Home Buying Rules
#1 – When buying a home Thou shalt not change jobs, become self-employed or quit your job.
#2- Thou shalt not buy a car, truck or van (or you may be living in it)!!
#3 – Thou shalt not use credit cards excessively or let current 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.
#7 – Thou shalt not originate any inquiries into your credit.
#8 – Thou shalt not make large deposits without checking with your loan officer.
#9 – Thou shalt not change bank accounts.
#10 – Thou shalt not co-sign a loan for anyone.
