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During the processing of your loan there are certain "DO'S AND DON'Ts" which may affect the outcome of your loan request. These remain in effect not only until your loan is approved but until the loan is actually funded and recorded. Many times credit, income and assets are re-verified after you have signed your final loan documents. We suggest you comply with this list.MAKE SURE YOU DO NOT:

1. MAKE SURE YOU DO NOT:
   1. Quit your job or get another job unless it is in the same line of work and for equal or more money. Please call this office if this occurs.
   2. Allow anyone to make an inquiry on your credit report. Each time this is done it can potentially drop your score and as a result you could become "un-approved."
   3. Change bank accounts or transfer money within your existing bank accounts.
   4. Co-sign for anyone.
   5. Purchase an auto or take on any additional debt. I was doing a refinance on a borrower right before the Holidays. He went out and obtained a new department store credit card after I pulled his credit and had his loan submitted. He then proceeded to max out the credit card. This did two things- 1. Dropped his credit score (due to the new credit inquiry and having a now maxed credit card) and 2. increased his debts. Some lenders will re-pull your credit the day of closing, after you are approved, right before they draw your closing documents.
   6. Purchase any other real estate.
   7. Apply for credit anywhere or complete any other credit application.
   8. Charge any additional debt on any current credit card.
   9. Start any home improvements that are not a condition of this loan.
   MAKE SURE YOU DO:
   1. Keep all accounts current, such as the mortgages, car payments and credit cards.
   2. Keep copies of all paycheck stubs, bank statements and any statements on bills being paid off through this loan.
   3. Make payments on all accounts on or before the due date. If you have a problem making these payments, please call this office immediately.

Mortgage and Refinance and Home Purchase

Miles is a Licensed Mortgage Broker with over 20 years of finance industry experience. Miles is known as the "go to guy" by the Realtors and real estate investors in his area for both Residential & Commercial Mortgages. Miles brokers mainly in Florida but also covers GA, TN, NY and IN.