So you've found a home you love and you're really excited about it. When you're looking to buy a home, there are a few particular things you need to avoid doing.
Naturally, one of the first things you might want to do is go out and buy appliances or new furniture. However, these are big-ticket items. If you buy them with your credit card or apply for financing at the furniture store, it can impact your credit and alter your ability to qualify for home financing.
Another item that many people don't consider that you want to avoid is closing a credit card account. This can also impact your credit score like missing a monthly payment can. You want to show a mortgage lender that you're consistent with your payment on these cards. Leave your credit accounts alone and make sure you're making all your monthly payments. They'll all make things easier for you when you're applying for home financing.
Additionally, if you'd like to speak with a lender, we have a network of great lenders that we'd love to refer to you. All you have to do is give us a call or send us an email and we'd be more than happy to help!