As the mortgage industry adjusts to new financial regulations, it is more important than ever to ensure that the financing of your new home goes smoothly. Approval of your loan is contingent upon your financial profile on or shortly before closing, not at the time of your application. Changes in your financial profile during the time period between the application and closing dates could adversely affect your ability to obtain financing!
Please note the following prohibited and permitted pre-closing actions to ensure a smooth and stress-free experience:
Permitted Pre-Closing Actions
Prohibited Pre-closing Actions
Consult with your mortgage banker before doing any of the following before closing: