Things to avoid until closing date


From the time you purchase a home until the closing date, it is important to avoid certain actions to ensure a smooth and successful home buying process.

One of the most important things to remember is to avoid changing jobs or quitting your current job during this time. Lenders typically prefer to see a stable employment history when considering a mortgage application, and a sudden change in employment could signal a higher risk to lenders.

Additionally, it is important to avoid making any major purchases, co-signing a loan, racking up debts, and opening or canceling credit accounts. This is because any new debt or credit inquiries can negatively impact your credit score and affect your ability to obtain a mortgage loan or receive favorable terms.

It’s also important to avoid making any changes to your financial situation, such as transferring large sums of money between accounts or making large cash deposits. This could raise red flags for lenders and delay the closing process.