10 Ways to Avoid Your Buyers Loan From Falling Through

By
Mortgage and Lending with First California Mortgage Company NMLS#222444

How many times has it happened to you that just when you're about ready to close a transaction, the buyer has quit their jobs, put a lump sum of cash into their bank account, bought a car, etc?  Print this and hand this to all of your buyers.  Enjoy!




10 Commandments When Applying for a Mortgage Loan


Thou shall not change jobs or become self-employed


Thou shall not buy a car, truck or van unless you plan to live in it


Thou shall not use your credit cards or let your payments fall behind


Thou shall not spend the money you have saved for your down payment


Thou shall not buy furniture before you buy your house


Thou shall not originate any new inquiries on your credit report


Thou shall not make any deposits into your bank account that aren't payroll related


Thou shall not change bank accounts


Thou shall not co-sign for anyone


Thou shall not purchase ANYTHING until after the closing

 

 

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JAYNE COMBS
Sr. Loan Officer
NMLS# 222444
(661) 965-0088 Cell
jcombs@firstcal.net

 

Impossible is just a reason for someone not to try.......

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