Do’s & Don’ts During the Process of Your Home Loan

Here is an e-mail with information of Do’s and Don’ts During the Process of Your Home Loan

Dear Diana,

Do you want a hassle free loan process?  Here’s some Do’s and Don’ts to share with your homebuyers.

During the process of your loan request, we encourage you to follow these suggestions until all loan proceeds have been disbursed by the Lender.  The Loan is officially completed once all monies have been disbursed.  

MAKE SURE YOU DO…

Keep paying your bills on time including any mortgage, car, credit

cards, etc.

Inform us in advance of any employment or income change.

Keep copies of all paychecks/stubs and bank statements you receive.

Call us anytime if you are unclear or have a question about your loan.

MAKE SURE YOU DON’T…

Change your employment status without notifying us first.

Apply for new credit or access credit lines

Start significant home improvements on your home (if refinancing)

Co-Sign any loans until finished with this transaction.

Make large purchases such as real estate, cars, or furniture

The above information is provided for informational purposes only. Nothing contained herein should be construed as legal advice. Should you have any questions regarding your legal obligations during the loan process, please consult legal counsel.

Carey Lance Hollander, NMLS #74044

108 Corporate Park Dr., Ste 301, White Plains, NY 10604

914-696-3400 Office, 914.424.5962 Cell

Equal Housing Lender/Licensed Mortgage Banker, NMLS# 1615/NYS Banking Dept.

May 7, 2011 Posted by dianasantos | Home, Mortgage | Home, Loan, Mortgage | Leave a Comment