Tuesday, November 15, 2005

7 Mistakes Youll Want To Avoid Before And During The Mortgage Application Process

7 Mistakes Youll Want To Avoid Before And During The Mortgage Application Process: "Here's a list of things you DON'T want to do once you've decided that getting a new mortgage is something you need to do:
1. Don't go out and buy a new car:
Within the few months before applying for a mortgage, or during the mortgage process, avoid the urge to go out and make any large purchases such as a car, furniture or appliances.
Any other loan you take out prior to or during the mortgage process can directly affect your qualification ratios, thus your chances of getting an approval for the new home mortgage you seek."
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