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Tuesday, April 9, 2019

What to Avoid When Applying for a Mortgage


These mistakes will mess up your mortgage application. Here’s what to look out for.

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Before applying for a mortgage, there are a few things you need to be aware of and avoid. First, you shouldn’t make any big life changes during the application process, such as getting married, quitting your job, or starting a new business. In addition, you don’t want to open any new lines of credit. Don’t rack up credit card debt, buy a new car, new furniture, and so on—even if you can afford it!
Make sure you don’t miss any payments.

Finally, don’t lose control of your finances; moving can be hectic, but make sure you don’t miss any payments. If you have any questions or would like further information about mortgages, feel free to reach out to First Community Mortgage at 254-690-3765. If you’re ready to start the home buying process, call The Shine Team at 254-690-4321 or email shine@shineteam.com.