Tuesday, March 29, 2011

The Ten Commandments When Applying for a Real Estate Loan

1. Thou shalt not change jobs, become self-employed or quit your job.
2. Thou shalt not buy a car, truck or van (or you may be living in it)! 
3. Thou shalt not use charge cards excessively or let your accounts fall behind. 
4. Thou shalt not spend money you have set aside for closing.
5. Thou shalt not omit debts or liabilities from your loan application.
6. Thou shalt not buy furniture. 
7. Thou shalt not originate any inquiries into your credit.
8. Thou shalt not make large deposits without first checking with your loan officer.
9. Thou shalt not change bank accounts.
10. Thou shalt not co-sign a loan for anyone.

Call me today and find out how I can help you buy your home smoothly and efficiently.

Courtesy of Lisa Bear

262-893-5555 Office/Cell











Proudly Serving Southcentral and Southeastern Wisconsin with Referrals from my Clients

Look for properties across Wisconsin on MLS at http://www.lisabear.com

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Commandments courtesy of:
  • Mark Person 
    Home Mortgage Consultant
    Mark Person, Greater Milwaukee Area

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