Things to Avoid that Can Cancel Your Home Closing

Yes, the Lender will recheck your Credit either the day before or the day of Closing, and yes there are things that will prevent you from Closing on the Home of your dreams.  I can't stress enough that you can not go out and buy a new car, or open a charge account so that you can put all new furniture and appliances  in your new house before closing without it damaging your chances of getting the loan thru.  Especially not a 90 days same as cash or don't pay any interest for a year account.  These last 2 are definately deal breakers when it comes to securing your loan on the day of closing.  I have seen it happen too many times.  If you need appliances, or furniture, have it picked out and be ready to finalize the deal AFTER THE CLOSING.  So it takes you another day to move in, thats better than not moving at all.  If you have any questions about your credit, with what you can and cannot do before closing according to your finances and situation, please talk to your lender.  He or she wants your closing to happen just as much as you do.

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