Protect your approval—and your peace of mind.

Buying a home is exciting, but navigating the mortgage process can feel overwhelming. There’s a lot at stake, and even small missteps can create delays or even derail your loan approval. At Trust Mortgage, I’ve seen it all—and I’m here to help you avoid the most common (and avoidable!) mortgage pitfalls.

Here are the top things to avoid once you’re under contract or starting your mortgage application:

1. Don’t Touch Your Credit

Even if you’re just “shopping around,” don’t open new credit cards, auto loans, or financing offers. Your lender will soft pull your credit again before closing, and any new debt can change your approval status or trigger extra documentation. It’s just not worth the hassle.

2. Pay All Bills on Time

A late payment—even just one—can drop your credit score or raise red flags during underwriting. Staying current on all bills is a simple way to keep your approval solid and your interest rate secure.

3. Save Every Document

You’d be surprised what paperwork might be needed. Whether it’s a bank statement, pay stub, or tax form—don’t throw anything away. Keeping everything organized can prevent extra work and stress later on.

4. Don’t Quit or Change Jobs Without Talking to Your Loan Officer

Your employment will be verified before closing. Changing jobs, quitting, or shifting from W-2 to self-employed can cause serious delays or even a denial. Always check in with your mortgage advisor before making any employment changes.

5. Be Honest and Up Front

If you have a side hustle, past bankruptcy, or co-signed loan—tell your lender early. Today’s lenders do thorough background checks, and hiding information can hurt your chances. Being transparent helps us find the right loan solution for you.

6. Don’t Move Money Around

Transferring funds between accounts may seem harmless, but every large deposit must be “sourced” due to anti-money laundering laws. Too much movement can lead to headaches and unnecessary documentation.

7. Avoid Spending Sprees

That new furniture set can wait. Big purchases can drain your reserves and impact your funds to close. Hold off until after your loan has funded—then go shopping!

8. Never Overdraw Your Bank Account

Lenders will review your bank statements. Overdrafts—even small ones—can raise concerns about financial stability. Stay mindful of your balances throughout the process.

Bottom Line:

The mortgage process doesn’t have to be stressful—but you do need to stay mindful of your financial activity. If you’re ever unsure about a decision, ask first. My team and I are here to guide you every step of the way.

Have questions or thinking about starting the process? I’d love to help you get pre-approved with confidence.

Let’s make your homeownership journey smooth and successful.

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