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Avoid Pitfalls.. During the application process, there are several things that you need to avoid. Here is a list of the most commonly known obstacles that may disqualify you from obtaining a loan. All of these issues should be avoided during the loan approval process. Do not change jobs. Changing jobs before or during the loan process can create a real problem in qualifying for a loan, particularly if the job is in a different line of work at a lower rate of pay. Do not switch banks or move your money around. It is best to leave your money where it is until your loan is closed. Moving your money to a new bank or even to a new account can wreak havoc to the verification process. Do not make any major purchases. Many borrowers make the mistake of buying a new car, furniture or other major purchases without realizing the impact it will have on the ability to buy a home. |
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Call Us Now At: 303-317-3541 |
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EMAIL:
generalmail@difcolorado.com |
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