10 Things to Avoid During the Homebuying Process
Posted by Margaret Rudd & Associates, Inc., REALTORS® on
Ensure a Smooth Closing Process by Avoiding these Financial Steps
It’s important to keep a few things in mind when applying for a mortgage and closing on the home. Maintaining financial stability during the home-buying process is vital to the success and ease of your transaction. Minor fluctuations in your credit score could substantially impact your mortgage interest rate and loan approval. It’s important to avoid any action that can negatively influence your credit or change your financial situation. Here, we summarize 10 financial moves that you should avoid if you’re in the process of buying a home.
1. Changing Jobs
A stable employment history is a preferred characteristic for lenders. Disruptions in employment history, specifically those…
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