3 Things to Avoid Before Closing on Your Home Purchase | TIPS FOR HOME BUYERS

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If you're buying a home this year, it's important to avoid certain actions that could jeopardize your mortgage approval. In this video, we'll discuss three things to avoid doing before you close on your purchase.

Number one, avoid making any big-ticket purchases like a car or charging large amounts on your credit card. This could negatively impact your debt-to-income ratio and affect how much home you can qualify for.

Number two, avoid changing jobs. Lenders want to see a stable income, and switching jobs could create uncertainty and affect your ability to repay your mortgage.

Number three, avoid co-signing for someone else. Similar to making a big-ticket purchase, this could also harm your debt-to-income ratio and affect your mortgage approval.

By avoiding these three things, you can improve your chances of getting approved for your home purchase and ensure a smooth closing process. For more tips on buying a home, subscribe to our channel and stay tuned for future videos.

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