🚫 What NOT to Do Before Closing on Your Home Loan

You found the house. Your offer was accepted. Your loan is in process. Now what? One of the most important parts of the mortgage process happens after you go under contract. What you do (or don’t do) before closing can make the difference between a smooth closing and a stressful delay. Here are the biggest mistakes to avoid before closing on your home:

1️⃣ Don’t Make Large Purchases

That new couch, refrigerator, or car may seem harmless — but large purchases can:

• Increase your debt-to-income ratio

• Lower your credit score

• Change your loan approval status

Wait until after closing before financing anything new.

2️⃣ Don’t Change Jobs (Without Talking to Your Loan Officer First)

Lenders verify employment right before closing. A job change — even to a higher-paying position — can delay or jeopardize approval. Thinking about making a move? Talk to your loan officer first.

3️⃣ Don’t Open or Close Credit Accounts

Opening new credit:

• Triggers a credit inquiry

• Can lower your score

• Adds new debt

Closing accounts:

• Can reduce your available credit

• May impact your score unexpectedly

Keep everything exactly as it is until after closing.

4️⃣ Don’t Move Money Around Without Documentation

Large deposits or transfers between accounts may require sourcing and documentation. Before moving funds: ✔ Check with your loan officer ✔ Keep paper trails ✔ Avoid cash deposits

5️⃣ Don’t Miss Payments

Continue making all payments on time — even if you’re about to pay something off at closing. A single late payment can create last-minute issues.

✅ What SHOULD You Do?

• Keep your finances stable

• Respond quickly to document requests

• Stay in close contact with your loan team

• Ask questions before making financial changes

🎯 Bottom Line

The golden rule before closing is simple: > If it affects your credit, income, or assets — talk to your loan officer first. Buying a home is exciting. Let’s make sure it stays that way all the way to the closing table. If you have questions about your loan or are thinking about buying, I’m always happy to help.