TRANSACTION CHECKLIST

Tips for 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 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 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 debts in to 1 or 2 credit accounts
  • DON’T take out a new loan
  • DON’T start any home improvement projects
  • DON’T open a new cell phone account