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The Dos & Do Nots of the Mortgage Process

 Helpful hints to keep in mind as you begin the Home Buying Process.

Here are some things you should DO: 

  • DO stay current on your accounts.
  • DO continue to use your credit card as you normally would.
  • DO keep a paper trail of any large deposits or transfers.
  • DO contact your insurance agent to get home insurance quotes.
  • DO contact A.S.A.P. Mortgage if we issued you a pre-qualification letter and it is past 60 days from the date of the letter. 

Here are things you should NOT DO, or discuss with your loan officer when applying for a mortgage: 

  • DO NOT buy a new car or trade-up to a larger lease payment.
  • DO NOT apply for any new credit.
  • DO NOT close any credit card accounts.
  • DO NOT co-sign any new debt.
  • DO NOT make any major purchases.
  • DO NOT exceed more than 50% of your credit line on credit cards.
  • DO NOT make any career changes without contacting your loan officer.
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