10 things that could MURDER your Loan Approval
By David Krichmar, DaveYourMortgageGuy.com
(www.DaveYourMortgageGuy.com - Legend Lending)
You may have already read all the nice and polite articles about what to do and not to do when getting a mortgage. And many of them may have had real cute titles. Well, this article is to get your attention on things that could MURDER your loan approval. Here is a list of 10 items that could cause your loan to be denied. These are all things to think of before making an offer on a home, as you could lose your dream home over them. Here they are Opening new credit- Once you are pre-approved for a mortgage do not open or apply for any new credit accounts. The reason for this is that right before closing a new credit report could be pulled to see if any new accounts have been opened. So just because your lender says you are pre-approved or even approved, this does not mean run out ...
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