Tips for a Smooth Loan Approval

TIPS FOR A SMOOTH LOAN APPROVAL

Here is a list of helpful tips to ensure an effortless loan process.

These DO's and DON'Ts will help avoid any delays with your loan approval.

- DO continue making your mortgage or rent payments

- DO stay current on all existing accounts

- DO keep working at your current employer

- DO keep your same insurance company

- DO continue living at your current residence

- DO continue to use your credit as normal

- DO call us if you have any questions

- DON'T make a major purchase (car, boat, fur, jewelry, etc.)

- DON'T apply for new credit (even if you seem pre-approved)

- DON'T open a new credit card

- DON'T transfer any balances from one account to another

- DON'T pay off charge offs without a discussion with us first

- DON'T pay off collections without a discussion with us first

- DON'T buy any furniture

- DON'T close any credit card accounts

- DON'T change bank accounts

- DON'T max out or over charge on your credit card accounts

- DON'T consolidate your debt onto 1 or 2 credit cards

- DON'T take out a new loan

- DON'T start any home improvement projects

- DON'T finance any elective medical procedure

- DON'T open a new cellular phone account

- DON'T join a new fitness club

- DON'T pay off any loans or credit cards without discussing it with us

If you encounter a special situation, it is best to mention it to me right

away so I can help you determine the best way to achieve your goals.