Tag Archives: qualify for a mortgage

Random Real Estate Tip of the Day

When financing a home purchase remember not to make any major purchases (cars, furniture, etc.) until AFTER you have closed escrow and moved in to your new abode.

Major purchases can effect your credit and therefore your ability to qualify for a home loan. Your credit is generally run when you initially qualify for a home loan and again just before closing.

I know you are excited to decorate and furnish your new home, but please make sure to purchase responsibly! After all, what good is all that pretty furniture without a home to put it in?