10 Commandments Every Home Buyer Should Follow

 

FIRST COMMANDMENT:

Thou shall not change jobs, become self-employed, or quit your job.

 

SECOND COMMANDMENT:

Thou shall not buy a car, truck, or van (or you may end up living in it!).

 

THIRD COMMANDMENT:

Thou shall not use charge cards excessively or let your accounts fall behind.

 

FOURTH COMMANDMENT:

Thou shall not spend money you  set aside for closing.

 

FIFTH COMMANDMENT:

Thou shall not omit debts or liabilities from your loan application.

 

SIXTH COMMANDMENT:

Thou shall not buy furniture.

 

SEVENTH COMMANDMENT:

Thou shall not originate any inquiries into your credit.

 

EIGHTH COMMANDMENT:

Thou shall not make large deposits without first checking with your loan officer.

 

NINTH COMMANDMENT:

Thou shall not change bank accounts.

 

TENTH COMMANDMENT:

Thou shall not co-sign a loan for anyone.