Posted On May 27, 2024

Are you buying a home? Do you need a mortgage for your home?
 
If YES, it's important to keep your financial situation the same (or better) as it was when you got pre-approved for the mortgage.  
 
A mortgage approval is dependent on meeting lender's requirements at the time of your purchase and closing date, ensuring your employment, income, credit, debts, down payment and property criteria is satisfactory. Changes from the pre-approval may impact your approval.
 
Important Reminders:
  • Continue making all bill payments on time
  • Do not make changes to your job or income
  • Do not spend your down payment and closing costs (if purchasing a home)
  • Do not apply for new credit, co-sign on a loan, or add any debt
 

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