Your practical real estate guide

Reminders for Applying for a Real Estate Loan

1. It is advisable for you not to change jobs or suddenly become self-employed, or worse, loose your job.
2. Do not buy a car, truck, van or any auto mobile just yet. You might end up living in it instead of the house.
3. DO not max out your credit cards. Do not let your accounts fall behind.
4. Budget your money wisely. If you have already set aside an amount of money for closing, don’t spend it for other things. Plan carefully and follow that plan.
5. Do not neglect debts or responsibilities from your applied loan.
6. Self control, do not purchase furniture, not until you have settled with a house.
7. Do not initiate any investigation into your credit.
8. Confirm with your loan executive first before making huge deposits.
9. Don’t change bank accounts, especially not on the last minute.
10. Avoid co-signing a loan for anyone else.

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