|Change Your Marital Status:
How you hold your title is affected by your marital status. Be sure to make both your lender and your title company aware of your of any changes in your marital status, so that the documents can prepared correctly.
Job changes may result in your loan being denied, particularly if you are taking a lower paying position or moving into a different field. Pre-Apporval letter does not guarantee you a loan.
|Make any large purchases:
A major purchase that requires withdraw from your verified fund or increases your debt, can result bank denying your loan. A lender may check your credit or re-verify funds at the last minute. So avoid purchases that could impact your loan approval.
|Paying off existing accounts, unless lender request it:
Unless lender tells you to payoff certain accounts before closing, leave the accounts as they are until escrow closes.
|Switch Banks or Move your money to another institution.
After the lender has verified all of our funds, the money should remain in those institutions until needed for the purchase.