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Hey Everyne it's Darren Copeland your Local Mortgage Expert. This video is one of my favorites
on our Mortgage 101 Series. Here....we talk about all the do's and don't while you going
through the Mortgage Process.
This is easily the most important video and I'd suggest watching at least 2 times. Not
because you think I'm Awesome, but because this stuff really is important.
The Do's Continue to make your Mortgage or Rent payments
on time Stay current on all your existing accounts
Keep working at your current employer....don't change jobs.
Continue living at your current residence Continue to use your credit as normal....don't
close any accounts!
OK...and now for the Don't and yes the list is much larger...here we go:
No Major purchase such as a new car or boat. Don't apply for any new credit.
Don't transfer money between accounts. Don't pay any collections until you speak
with us first. Hold off on buying new appliances and furniture
until after closing. Again don't close any existing accounts.
Don't max out your credit cards Don't co-sign for anything or for anyone during
the process.
Please contact with any questions on this stuff as I've seen too many people over the
years lose their home by doing something crazy. Thanks and hope you enjoyed this video.