A plain-English guide to the common choices, document mistakes, credit changes, and money issues that can slow down, complicate, or derail a mortgage approval.
◆ Opening new debt◆ Financing furniture before closing◆ Depositing unexplained cash◆ Sending screenshots instead of PDFs◆ Changing jobs without speaking to your loan officer◆ Using undocumented gift money◆ Waiting to respond to document requests
◆ Opening new debt◆ Financing furniture before closing◆ Depositing unexplained cash◆ Sending screenshots instead of PDFs◆ Changing jobs without speaking to your loan officer◆ Using undocumented gift money◆ Waiting to respond to document requests
Most Common Problems
Big Approval Mistakes to Avoid
These are the mistakes that can change your credit, debt-to-income ratio, available funds, or the documentation your lender must verify. Use the filters to review the areas that apply to you.
Credit + Debt
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