Discover Your Dream Home

to

Lydia Maranville

ABR, GRI, CSSN, E-PRO
REVELATION REAL ESTATE
M:
602. 397-3718
O:
602-397-3718

Buying a house Do's and Don't with your financing


Do’s
1. Do try to work as close to the same hours every week
2. Do let your loan officer know right away If you plan to use funds from a business
account for your down payment, earnest money deposit, or closing costs so he can
help advise on the proper procedure for doing so
3. Do let your loan officer know right away if you will be using gift funds for your
down payment, earnest money deposit, or closing costs so he can help advise you
how to do this correctly
4. Do let your loan officer know right away if you will be using a retirement account
for your down payment, earnest money deposit, or closing costs so he can help
advise you how to do this correctly
5. Do get all requested documentation back in a timely manner


Don’ts
1. Do not make any large deposits (payroll direct deposit is fine), especially cash
deposits into any bank account. When in doubt, contact your loan officer and
they can advise you if it is okay to proceed. We recommend running any deposits
more than $1000 by him before depositing.
2. Do not use cash funds for your earnest money deposit for any reason- even from a
safe in your home
3. Do not have any creditors pull your credit if it can be avoided
4. Do not open up any new debt

 

Information Deemed Reliable But Not Guaranteed.

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Listing Information Current As Of Apr 22, 2018 4:09:am