Loan Approval Tips

Make sure to follow these tips for a simple loan approval.


  • DO call your lender if you have any question
  • DO provide requested documents promptly and their entirety
  • DO continue living at your current residence
  • DO continue making your mortgage or rent payments
  • DO continue to use your credit as normal
  • DO keep working at your current employer
  • DO keep your same insurance company


  • DO stay current on all existing accounts
  • DON’T change your employment or marital status
  • DON’T make any major purchases (car, furniture, jewelry, etc)
  • DON’T change bank accounts
  • DON’T make any large cash
  • DON’T transfer any balances from one account to another
  • DON’T close any credit card accounts
  • DON’T consolidate your debt onto one or two credit cards
  • DON’T apply for new credit or open a new credit card
  • DON’T max out or overcharge on your credit card accounts
  • DON’T take out a new loan or co-sign on a loan
  • DON’T pay off any loans, credit cards, charge offs, or collections without first discussing with your lender
  • DON’T finance any elective medical procedure
  • DON’T join a new fitness club
  • DON’T open a new cellular phone account
  • DON’T start any home improvement projects
  • DON’T have your credit pulled or dispute any information on your credit report