The DO’s And DON’TS Of Mortgages

Qualifying for a mortgage.

Share this:

CHARLOTTE – Once you have that pre-approval and begin looking for homes, it is vital to remember the “Do’s and Don’ts” throughout the process.  Until the closing day, and keys in hand, please remember these tips:

  • DO: Maintain current employment and/or alert your loan officer if there are any changes going to be made
  • Do NOT: open any new lines of credit
    • From pre-approval to closing, please refrain from any new financed purchases including: Auto Loans, Lines of Credit, Credit Cards, Furniture Loans, etc.
  • DO: Set aside money for a down payment/closing costs, ensuring this money is not spent or used
  • Do NOT: Make any large deposits (i.e cash or checks) without alerting your loan officer or lending institution
  • DO: Make all timely payments on current debts
    • Even if you are selling a home to purchase a new one, it is vitally important to still make the payment
  • Do NOT: Co-sign on any loans during the process or initiate any additional credit checks
    • Any co-signed debt will be looked at as the same as a sole debt for the first 12 months of co-signing
  • DO: Ask Questions and communicate with your loan officer
    • The MOST important aspect of the financing process is to understand the details of the transaction. Open and efficient communication can make the world of difference in a real estate transaction.

As always, if the Do’s and Don’ts lead to any questions, please do not hesitate to call, email or text (704) 430-6138 or

Look forward to discussing more next week!

Share this:

Previous articleSandals Dunns River- Part 6
Next articleWhat Is CBN?
Brandon Wolf
Brandon was born and raised in the Mint Hill area and graduated from Independence High School. He went on to play college baseball at Wingate University. Brandon met his wife at Independence HS, dated all through HS, college and got married right after college (they have a little boy due in September). Brandon has been a Mortgage Loan Officer, in Mint Hill, for over 7 years. "Mint Hill is more than the place I work, it's been my home. I grew up, played baseball, met my wife. I truly love helping people get mortgages in this town I have always called HOME" says Brandon.