Until you apply for a mortgage it may be a good idea to cease some credit-relate…


Until you apply for a mortgage it may be a good idea to cease some credit-related activity. That doesnt mean you need to stop your credit spending altogether. It just means you’ll want to skip any large purchases avoid applying for any new accounts and try not to switch jobs or make any other significant life changes. So if you want to buy a house hold off on buying something like a car. If you are about to switch jobs you should still apply with a lender but let them know your situation and they will let you know what your best options are. If you are getting a substantial pay increase the lender will probably tell you to wait a couple of months to apply. If you plan to go from your salary job to working for yourself its probably best to buy a house before you switch out of that job. #homebuying #tips #realestateinvestor #realestatelife #investormindset #atx



Source by k_modares

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