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The 10 Golden Rules When Applying For A Mortgage Loan

General Beata Gratton 26 Jul

The 10 Golden Rules When Applying For A Mortgage Loan

  1. Don’t change jobs or become self-employed.
  2. Don’t buy a car, truck, or van unless you plan to live in it.
  3. Don’t use your credit cards or let your payments fall behind.
  4. Don’t spend the money you have saved for your down payment.
  5. Don’t buy furniture before you get the keys to your house.
  6. Don’t apply for any new credit cards
  7. Don’t make any large deposits into your bank account.
  8. Don’t change bank accounts.
  9. Don’t co-sign for anyone.
  10. Don’t purchase anything until you get the keys to your house.

 

If you are ready to take the next step in your Mortgage journey, Send an email: beataw@dominionlending.ca