By: Rebecca Warkentin

Do's & Don'ts During the Loan Process

Tags: buyers, home buyer, first time home buyer, home loan, mortgage, home buyer mistakes, mortgage facts, mortgage tips, credit score

There are certain "Do's and Don'ts" which may affect the outcome of your loan request. These remain in effect before, during and after loan approval up until the time of settlement when your loan is funded and recorded. Many times credit, income, and assets are verified the hour before you have signed your final loan documents. Here is a list that you should comply with:


Do any of the things that may alter your credit and may risk you obtaining your loan. Also, these things may put you in default of your contract, may put your deposit at risk, and may put you at risk of being sued. 


Real estate transactions can be a stressful time, but it doesn't have to be! An agent can help walk you through every step of the process and ensure a seamless transaction. Download these easy do's and don'ts guidelines to ensure a smooth process from purchase to move-in:

2019_SRC Do's & Don'ts During the Loan Process.png

1 Message Us On Facebook Message us on Facebook!