Still Planning to Buy a New Home?
- My advice: hold off on opening any new lines of credit
- That includes new credit cards or new loans. While you are working toward buying a home, we want your financial picture to stay as steady as possible.
- Keep every payment on time
- It sounds obvious, but a single late payment can do real damage to your credit scores.
- If you deposit or withdraw a larger sum, keep a paper trail for it
- This comes up most often around tax time, whether you are getting a refund or paying what you owe. It can also happen when you receive a bonus from your employer.
Not sure whether a financial move could hurt your chances of getting mortgage financing? Call me or send an email and we will walk through it together.
I am always here to answer your questions!
