Navigating the road to home financing in North Andover MA can be a little tricky if you don’t know the rules of the road. Everyone’s situation is different, and there are certain actions that impact every trip. We’ve put together some home financing rules of the road to help you along the way:
Green Light: Keep doing what you do
- Stay Current: Make timely payments on all existing debt
- Stay Consistent: Continue to use credit/debit cards as normal
- Stay Informed: Join a credit watch program
- Stay Connected: Talk with your mortgage Banker if you have any questions
Red Light: Looking good. Just don’t change anything
- Do not change jobs, become self-employed or quit your job
- Do not apply for any new credit
- Do not buy a vehicle or any other large purchase
- Do not buy furniture or appliances
- Do not overcharge or close any existing credit cards
- Do not change banks
- Do not co-sign a loan for anyone else
- Do not make any large cash purchases
- Do not pay off collections or charge off accounts
Staying the Course: The Key to Making Steady Progress
When in doubt or if you have any questions or concerns, contact Jason Linscott, RMS / Residential Mortgage Services
www.RMSMortgage.com/JasonLinscott 603-682-1081
