10 Things That SQUASH Your Mortgage Application

There are a number of things you shouldn’t say to your mortgage lender that can lead to your loan application being denied. Don’t let it be you.. 10 things NOT to say to your mortgage lender.

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There are plenty of things that you should not do prior to applying for a home loan and during the mortgage application. from your employer. Don’t make major purchases. A big ticket consumer.

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Use your home’s equity with care – many financial pros suggest using home equity only for things that increase your home’s.

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You will get good, clear, explanations. You will be able to reach me on my cell phone or e-mail 7 days a week. I will take the extra 30 minutes to clearly explain the whole process, from the mortgage application, to your title charges, to what will happen at closing. Many just want to give you a rate in the first 5 minutes.

Be careful about what you say to a mortgage lender, however, because it might just end up getting your application denied. Avoid saying these 10 things a mortgage lender doesn’t want to hear and.

The following are examples of things that may stop your mortgage chances. disputed accounts: If you have a disagreement with a particular creditor, handle it without putting the account in dispute. If you allow your creditor to put your account in dispute, it is effectively erased from your credit report temporarily until the dispute is resolved.