Applying for loan approval requires your financial situation be reviewed and relied upon. There are certain things you should avoid doing during the process:

• Do not change jobs - If you go from salaried to commission or from one industry to a completely unrelated industry, you may create a problem for underwriter approval. An underwriter is looking for the stability you have to maintain and repay the loan.
  
• Do not make any major purchases - Cars, TV's, furniture, boats, RV's etc can cause a ripple effect in your credit. Adding or increasing an existing payment may cause you to not qualify.
  
• Do not move money into your bank accounts unless it can be traced. If you are receiving money from friends, family or other relatives, please contact your Lender.
• Do not go out of town around the closing date. If you do plan to be out of town when your loan is expected to close, you may sign a power of attorney, to authorize another individual to sign on your behalf.
• Notify your loan officer before applying for any other credit, including credit cards, personal loans or even with another mortgage company. Some loan programs have strict guidelines regarding your credit score. Credit inquiries may lower your credit score and may have an adverse affect on your loan approval.
• Do not switch banks or financial institutions.