01/25/2023
Closing on a house is a significant financial milestone, and it's crucial to maintain a stable financial status throughout the process. To ensure a smooth closing, avoid these common mistakes and refrain from making any major financial decisions until after the closing day:
đź—ť Avoid buying or leasing a new car.
đź—ť Avoid taking out deferred loans.
đź—ť Avoid switching jobs.
đź—ť Alert your lender of any large influx of cash.
đź—ť Avoid accumulating credit card debt.
Such changes can potentially jeopardize your pre-approval and closing process with the bank.