DO'S & DON'TS

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During the loan process, implementing certain measures and steering clear of potential pitfalls can
contribute to a smoother experience. Here are key considerations:
Experience the Ease of Closing with Our 'Closing Simplified' Approach.

DO'S

  • Ensure Timely Processing: Submit All Requested Financial Documentation Within 24 Hours

  •   Complete Transparency: Disclose All Income for Qualification Purposes

  •   Complete Disclosure: Provide Details on All Debts (e.g., Side Business, Alimony, Child Support, Additional Real Estate Owned, etc.)

  •   Open Communication: Clearly Share Your Credit History, Whether Good, Bad, or Otherwise

  •   Maintain Timely Payments: Ensure Punctual Settlement of All Bills (Mortgage, Rent, Car Payments, Credit Cards, etc.)

  •   Use Credit Wisely: Maintain Normal Credit Card Usage, Avoiding Excessive Spending

  •   Ensure Availability: If Purchasing a Primary Residence, Please Plan for Spouse's Presence at Closing

  •   Stay Connected: Regularly Communicate with Your Loan Originator or Loan Partner

DON'TS

  • Prior to Action: Always Consult with Your Loan Originator First

  •   Stability Matters: Avoid Changing or Quitting Your Job During the Loan Process

  •   Maintain Stability: Refrain from Applying for New Credit or Loans During the Loan Process

  •   Exercise Caution: Avoid Settling Debts, Collections, or Charge-Offs Without Guidance from Your Loan Originator

  •   DON'T Move

  •   Prudent Choices: Refrain from Co-signing or Becoming a Co-borrower on Any Other Loan

  •   Maintain Asset Stability: Avoid Making Significant Changes to Your Asset Structure

  •   Avoid Cash Deposits: Refrain from Making Any Cash Deposits into Your Bank Accounts

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