7 things to avoid doing when looking to buy a new home:

7 things to avoid doing when looking to buy a new home:

 

1. Don’t change jobs! Stability is a must!
2. Do not make any larger purchase – like an automobile -Your debt to income ratio will be unfavorable.
3. Don’t move money from one bank to another, not even from one account to another – this complicates transaction process, looks like large deposits which need to be explained later 
4. Don’t run credit report online on yourself. It will look like one more inquiry
5. Do not consolidate your bills before speaking with your lender – mortgage person 
6. Don’t purchase furniture which does not need to be paid in two years – no matter what you are told, it will show up as debt on your account and lower your score. 
7. Don’t pack or store your tax and income information so that you have to look through boxes to find what mortgage company needs.

 

When in doubt ask your Realtor and your mortgage broker.