A good piece of mortgage advice…
…is, once you apply for a mortgage , do not do anything that could adversely affect your chances of qualifying. Do not quit your job or get fired.
Do not cut back on your hours at work.
Do not tell anyone at your work about future intentions to leave your employer.
Do not buy or lease a new car.
Do not open, close, or even use any of your credit accounts.
Do not pay any collections accounts unless your mortgage professional instructs you to.
Do not buy furniture or anything else on credit, even if there are “no payments for one year”.
Pay your current mortgage or rent and all credit cards and loans on time.