If you’re buying a home and already have your mortgage lined up, don’t assume you’re completely in the clear until you close.
Opening a new credit card, taking on a car payment, or financing furniture or appliances can change your credit profile and potentially affect your mortgage.
Jon Brunone’s advice is simple: if you’re thinking about making a major financial move before closing, call your loan officer first.
Your lender can tell you whether that purchase or new line of credit could create an issue before you get to the closing table.
Watch the full conversation with Jon Brunone on The Wilton Report YouTube channel for more mortgage and homebuying insights.
