How to Avoid Having Your Minneapolis Home Purchase Fall Apart

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When trying to get a home loan, there are many things you need to avoid in order to ensure things go smoothly. Knowing what to expect and how to handle yourself is crucial. Your finances are under a lot of scrutiny when applying for a loan to buy a home, so be sure to avoid these 10 things:

1. Change jobs
2. Charge credit cards
3. Fall behind on payments
4. Spend any money you've set aside for the buying process
5. Omit any information or debts on initial application
6. Purchase furniture or other expensive items
7. Originate any inquiries into your credit
8. Make large deposits into your bank account
9. Change banks
10. Cosign any loans

  
You're going to get checked a few days before closing and underwriters are going to keep a close eye on your finances throughout the process. If you do any of these things, they will notice, and it could affect your ability to close.

If you have any questions about how you can be sure the buying process goes smoothly, give us a call or shoot us a quick email. We would love to hear from you!