Things You SHOULDN'T Do During the Home Buying Process
For today's home buyers, getting approved for a mortgage can be a slippery slope. When purchasing a home at the Lake of the Ozarks, many questions can arise about what you should and shouldn't do during the loan approval process. MHQ - Mortgage Headquarters has more than 20 years' experience in the mortgage industry, so we know what mistakes buyers should avoid making. To help you better prepare to make it successfully through the loan approval process, we're sharing with you 10 Things You SHOULDN'T Do During the Home Buying Process! 1. Don't Change Jobs, Become Self-Employed, or Quit Your Job. It's your responsibility to make sure you have a steady paycheck to go with your steady mortgage payment, and lenders WILL check your employment and income! If they can't verify that you have a steady income that is sufficient enough to cover a monthly mortgage payment, your chances of getting a loan approval are slim. 2. Don't Buy a Vehicle (or you ...