1)Do not change jobs.
Do not become self-employed and do not quit your job.
2)Do not buy a new Car, Truck, Van or RV.
If you do, you may end up living in it.
3)Do not use credit cards excessively.
Do not let your current accounts fall behind.
4)Do not spend money set aside for closing.
5)Do not make one late payment on anything.
If you do, you could end up not qualifying for an entire year.
6)Do not buy new furniture.
Wait until you have your new house to put it in.
7)Do not initiate any inquiries into your credit.
If you give your Social Security number, they are probably looking at your credit.
8)Do not make any large Deposits before checking with your mortgage loan originator.
9)Do not change bank accounts.
10)Do not co-sign a loan for anyone.
This is a well- known factor that everyone should keep in close mind if you are planning, or are going to sell a home, or buy it.
