Home Buyer Checklist

Home Buyer Checklist

Congratulations on your decision to purchase a new home. To make sure you have a smooth closing. Here are a few things you should not do as you move through this process.

  • Don't buy a car.
  • Don't buy new furniture for your home (or any large purchase).
  • Don't make any large cash deposits into your bark, account.
  • Don't exaggerate your income when taking to the lender.
  • Don't apply for credit—avoid any hard inquiries on your credit.
  • Save enough money to cover your closing costs.
  • Don't overextend yourseif—keep your debt balances at around 30% of your credit limit or less.
  • Don't co-sign for anyone on a loan or rental application.
  • Don't get behind any loans or utüity payments Be cautious about consolidating your debt—ask your lender first.
  • Don't change careers.
  • Don't shift your finances around.
  • Don't change your bank.
  • Don't close any existing credit cards.
  • Don't Increase your credit limits.
  • Don't max out your credit cards.
  • Don't open any new credit card accounts.