A Better Experience
As you approach the culmination of your homebuying journey, the closing process is the ultimate bridge to homeownership. It’s a moment of anticipation and excitement, but it can also come with its fair share of questions and potential hurdles.
To ensure a seamless and stress-free transition into your new home, we’ve compiled a comprehensive set of tips and insights. These invaluable suggestions will help you navigate the intricate web of paperwork, negotiations, and final details, ensuring that the closing process becomes a truly gratifying experience.
Whether you’re a first-time homebuyer or a seasoned property owner, these tips will empower you to confidently cross the threshold into your new home. Let’s dive into the key strategies for achieving a smooth closing process.
The Mortgage Loan DO's and Don'ts
Do
- Keep your paystubs, bank statements, and other financial documents handy.
- Make timely payments on all accounts, including rent/mortgage.
- Continue saving incoming statements. Keep all numbered pages of each statement.
- Notify me of any financial, employment, or sales contract changes.
- Let us know if you plan to receive gift funds for closing.
- Understand that times have changed, more documentation required than the past.
Don't
- Change your employment status or job.
- Make any big purchases, or apply for new credit, or consolidate debts.
- Make any undocumented deposits (example is cash).
- Payoff debt, collections or charge-offs without notifying us first.
- Ever hesitate to reach out and ask questions, we are here to help make the mortgage process easy!
