Whether you are a buyer searching for your first home, or a homeowner looking to move up to your next home, you should pay attention to where mortgage interest rates are heading.Over the course of
The Ten Commandments Of Buying A Home
Are you jazzed about your upcoming home purchase? Good. But slow down, Turbo! There are a few things you need to know. More specifically, ten things. They’re called “The Ten Commandments of Buying a Home.”
Read them. Absorb them. Emblazon them to memory, because one tiny misstep can make your dream of home ownership come crashing down like a sandcastle at high tide.
(See below for text transcription)
The Ten Commandments of Buying a Home
Thou shalt not change jobs, become self-employed or quit your job.
Thou shalt not buy a car, truck or van (or you may be living in it!).
Thou shalt not use credit cards excessively or let current accounts fall behind.
Thou shalt not spend money you have set aside for closing.
Thou shalt not omit debts or liabilities from your loan application.
Thou shalt not buy furniture on credit.
Thou shalt not originate any inquiries into your credit.
Thou shalt not make large deposits without checking with your loan officer.
Thou shalt not change bank accounts.
Thou shalt not co-sign a loan for anyone.