Getting a mortgage for your Staten Island home can be a complicated process and sometimes things can go wrong. There are certain mistakes that many homebuyers make when applying for their mortgages that can seriously damage their chances of being approved.
If you are aware of the most common mortgage issues, you will be better able to prevent them when applying for your own mortgage. Make sure that you keep the following tips in mind when applying for a mortgage:
Making Large Purchases Before Closing On The Mortgage
Many homebuyers think that they are in the clear once the mortgage deal is lined up and they go ahead and make another large purchase such as a car or home furnishings. However, it is best to hold off on all major purchases until the…