When purchasing a home the most often cause for delay in closing on time has to do with the very last piece of the puzzle and that is getting your loan docs in order and through underwriting. Here are a few things to NOT do to ensure your home closes on time!

1. Don’t deposit cash to your bank account – cash deposits will not be considered available funds.

2. Don’t open any new bank accounts or credit card accounts to take out a loan or lease – new accounts will be factored in your debt-to-income ratio and will require additional underwriting.

3. Don’t let anyone pull or check your credit until after you close on your mortgage – credit inquiries are monitored and will require explanation.

4. Don’t make any major purchases (furniture, car, boat, jewelry) during the mortgage process.

5. Don’t quit or change your job – underwriters will verbally verify your employment on the day of closing.

Do call me as I am here to help you throughout the process!

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