★★★★★
We were amazed at how quickly Troy closed our home loan. His speedy communication saved us so much time.
Willa Henderson
Fayetteville, NC
Mortgage Answers / Credit & Income
What Should I Avoid Doing to My Credit Before Buying a Home?
A static educational action plan. Read the case that fits your question.
Start here
The Short Answer
Avoid missed payments, unnecessary new accounts and sudden credit changes without reviewing the mortgage effect. Keep bills current and tell the lender about new debt or financial changes. Do not make dishonest disputes or drain needed savings to chase a score.
I want to open or close an account
Check the mortgage effect before changing credit.
1. Ask whether a new inquiry or payment needs review.
2. Consider whether closing a card changes available credit.
3. Do not assume an account change improves the score.
I want to make a large debt payment
Review both debt and remaining cash.
1. Keep every required bill covered.
2. Compare the payment with closing and emergency funds.
3. Ask the lender what documentation or qualification treatment applies.
I want to dispute accurate debt
Do not use a false dispute as an approval shortcut.
1. Use disputes only for real inaccuracies or incomplete information.
2. Correct genuine errors with evidence.
3. Tell the lender about open disputes; some need additional review.
Frequently Asked Questions
Is every credit change an automatic denial?
No. But it may change the lender's review, so discuss it first.
Is this only important after preapproval?
No. It helps to plan before applying and continue communicating through closing.