Tips for a Smooth Loan Approval
Here is a list of helpful tips to ensure an effortless loan process. These DO’s and DON’Ts will help avoid any delays with your loan approval
Continue making your mortgage or rent payments
Stay current on all existing accounts
Keep working at your current employer
Continue living at your current residence
Set up a new home owners policy for your new home purchase
Continue to use your credit as normal
Call us if you have any questions
Make cash deposits
Make a major purchase (car, boat, fur, jewelry, etc.)
Apply for new credit (even if you seem pre-approved)
Open a new credit card
Transfer any balances from one account to another
Pay off charge offs without a discussion with us first
Pay off collections without a discussion with us first
Buy any furniture
Close any credit card accounts
Change bank accounts
Max out or over charge on your credit card accounts
Consolidate your debt onto 1 or 2 credit cards
Take out a new loan
Start any home improvement projects
Open a new cellular phone account
Join a new fitness club
Pay off any loans or credit cards without discussing it with us