You’ve found that perfect house, now it’s time to get financing. You’ll want to steer clear of some of these mistakes when you get your mortgage.

1. Don’t change jobs

When applying for a mortgage, don’t change jobs, quit your job, or become self employed. Just keep doing what you’re doing.

2. Don’t buy a car

Now isn’t the time for a new car. You’re getting a new house, remember? One thing at a time.

3. Avoid using credit cards

Don’t use your credit cards excessively or let your account fall behind. Yikes.

4. Don’t spend closing money

Don’t spend the money you’ve set aside for closing. Tempting, but no.

5. Don’t leave out details

Don’t leave out debts or liabilities from your loan application. Be sure to share everything with your loan officer, and I mean everything.

6. Don’t buy furniture

Don’t buy furniture. It’s tempting when you’re buying a new home, but you should really wait until after you have your mortgage complete to get that sectional.

7. Don’t make large deposits

Don’t make any large deposits without first checking with your loan officer. I love large deposits, but ask first.

8. Don’t change bank accounts

Don’t change bank accounts or transfer money between accounts. Hold still while your mortgage is cooking!

9. Don’t co-sign a loan

Don’t co-sign a loan for anyone, even for your son who wants that new car.

So congrats on finding that house, and here’s wishing you a smooth mortgage process.

Disclaimer: SecurityNational Mortgage Company, and its loan officers, unless individually licensed and specifically denoted in their credentials, are not qualified to, and are prohibited from representing themselves as accountants, attorneys, certified financial planners, estate planners, investment specialists or tax experts, and will not advise you in those matters. Always seek the advice of a licensed professional. By submitting your contact information you agree to our Terms of Use and our Privacy Policy. You also expressly consent to having SecurityNational Mortgage Company contact you about your inquiry. This is not a commitment to make a loan. Loans are subject to borrower and property qualifications. Contact loan officer listed for an accurate, personalized quote. Interest rates and program guidelines are subject to change without notice. SecurityNational Mortgage Company is an Equal Housing Lender. Company NMLS# 3116