The Do's & Don'ts
Buying a home is one of the biggest financial moves you'll ever make, and we’re here to help you every step of the way. Our goal is to make the process as smooth as possible and help you avoid common roadblocks that could delay or prevent your closing.
Follow this guide to stay on track:
Do's
✅ Send Documents Quickly – Provide all requested paperwork within 24 hours to keep things moving.
✅ Pay Your Bills on Time – Late payments can impact your loan approval.
✅ Save, Save, Save – The more funds you have on hand, the better prepared you’ll be.
✅ Ask Questions – If you're unsure about anything, reach out to us or your realtor.
Don'ts
❌ Don’t Open or Close Bank Accounts – Keep all checking, savings, and retirement accounts as they are.
❌ Don’t Open or Close Credit Accounts – Avoid changes to credit cards, loans, or other debts.
❌ Don’t Rack Up New Debt – Increasing balances on current accounts could affect your loan.
❌ Don’t Change Jobs – A shift in income or employment status can complicate your approval.
❌ Don’t Make Big Purchases – Large expenses (like cars or furniture) can impact your approval.
❌ Don’t Make Major Life Changes – Anything that affects your financial situation (like getting married or divorced) could delay closing.
By keeping things steady, you’ll avoid unnecessary hiccups and stay on track for closing. If you’re unsure about a decision, reach out— we’re just a call, text, or email away!
Bigfoot Mortgage is a division of Canopy Mortgage
Licensed by the New Hampshire Banking Department. All loans subject to credit and property approval.
