Loan Process Do's and Dont's

DO

• Continue making mortgage or rent payments
• Stay current on all existing accounts
• Continue working at current employer
• Keep the same insurance company
• Continue living at current residence
• Continue to use credit as normal
• Call your loan officer if you have any questions

DON'T

• Make a major purchase such as a car, boat, furniture, appliances or jewelry
• Apply for new credit (even if it says pre-approved), or finance anything
• Change jobs or retire without first discussing with your loan officer
• Open a new credit card, or close any credit accounts
• Transfer any balances from one account to another
• Change bank accounts
• Deposit large amounts of money
• Max out or over charge on credit cards accounts
• Consolidate your debt
• Pay off any loans or credit cards without discussing it with your loan officer