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What Not To Do When Thinking About Buying a Home

Applying for a mortgage? THE DO'S & DON'TS DURING THE MORTGAGE PROCESS DO'S DOKEEP ALLFINANCIAL DOCUMENTS THROUGHOUT THE APPLICA TION PROCESS. DO TELL YOUR MOR TGAGE ADVISOR WHERE YOUR CASH TO CLOSE WILL COME FROM. DONOTIFY YOUR MORTGAGE ADVISOR IF YOU ARE PLANNING ONRECEIVING A GIFTFOR CLOSING. DON'T DON'T Open any new accounts or obtain financing for large purchases TV New Car Big Screen TV Student Loans Credit Cards WAIT until after closing to open that store credit card with 0% financing to buy furnishings for your new home. Before the closing, a new, "soft" credit report will be run to make sure your financials are still the same and you haven't incurred any new debt. BEWARE DO NOT change jobs or employers during the application process DO NOT close/open any asset accounts or transfer funds between accounts without consulting with your Mortgage Advisor. Any Questions? Contact South Shore Mortgage today for a free consultation www.MySouthShoreMortgage.com LICENSED IN MASSACHUSETTS, RHODE ISLAND, AND FLORIDA MA BROKER MB1219| MBR1603 | RI 20132862LB | MLO #29730 Source: Boston.com IN

What Not To Do When Thinking About Buying a Home

shared by leaveittolindsay on Dec 11
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The Do's & Don'ts During the Mortgage Process By South Shore Mortgage Inc.

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Economy
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