This document provides a list of 10 actions that could negatively impact or delay a mortgage approval process. Specifically, it advises mortgage applicants not to open or close lines of credit, pay bills late, ignore questions from lenders, allow unauthorized credit checks, make large non-paycheck deposits, co-sign other loans, change bank accounts, take out payday loans, make large purchases, or change jobs during the mortgage approval process.

1. 10YOUR MORTGAGE
OPEN OR
CLOSE ANY
LINES OF
CREDIT
PAY BILLS LATE
IGNORE QUESTIONS
FROM YOUR LENDER
OR BROKER
LET SOMEONE OTHER THAN
YOUR BROKER OR LENDER
RUN A CREDIT CHECK ON YOU
MAKE LARGE BANK DEPOSITS
OTHER THAN YOUR PAYCHECK
CO-SIGN ANOTHER LOAN
WITH ANYONE
CHANGE BANK ACCOUNTS
TAKE OUT ANY PAYDAY
ADVANCE LOANS
BUYING A BIG-TICKET ITEM:
A CAR, A BOAT, OR AN EXPENSIVE
PIECE OF FURNITURE
QUIT OR SWITCH
YOUR JOB
ROADBLOCKS
WHEN CLOSING
1
2
3
5
7
9
10
4
6
8
LOAN