What NOT To Do When You're Pre-Approved
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Many people assume that once they’re pre-approved, everything is set. Today on Homeowner AF, I’m sharing why this is a myth and exactly what you should avoid doing after receiving your mortgage pre-approval. If you’re a first time homebuyer, you’re going to want to listen in so you can avoid these common mistakes.
In this episode, I cover:
- The three key factors your pre-approval is based on and the importance of not making any changes to them
- Why co-signing any loan can potentially nullify your pre-approval
- How switching jobs during the pre-approval period can impact your mortgage terms, even if it’s to a higher paying job
- The importance of managing your credit after you’ve been pre-approved
- Why you must communicate any changes to your down payment to your mortgage broker
If you found today’s conversation helpful, give this episode a like and review. If you'd like to discuss your specific situation, book a free call with me. Stay tuned for more insider tips to help you navigate the home buying process.
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