This is short and to the point. If you’re in the process of buying a home follow the steps below until you have keys in hand. Keep in mind your credit will be check again 1 or 2 days before the closing date!
1. Don’t do anything that will cause a red flag to be raised by the scoring system. For example: purchasing appliances for your soon to be new home and charging it to your credit card or buying a new car. These things can wait until the deal is done.
2. Don’t apply for new credit of any kind.
3. Don’t pay off collections or charge offs.
4. Don’t max out or over charge on your credit card accounts.
5. Don’t consolidate your debt onto 1 or 2 credit cards.
6. Don’t close credit card accounts.
7. Don’t pay late.
8. Don’t allow any accounts to run past due-even one day.
9. Don’t dispute anything on your credit report.
10. Don’t lose contact with your mortgage and real estate professionals.
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