The HENN Blog: Higher Education Now for Mortgage & Real Estate News

Did I get your attention?? Think before you act and don't do stupid things before finalizing the purchase or refinance of your home.

This is a great blog to pass on to Clients, friends and family looking to buy or refinance their home.  Did you know that any changes in the initial disclosed debt and liabilities could adversely affect your loan closing??  Changes could include, but is not limited to:

1. New Credit applied for
2. New credit established
3. Credit Scores
4. Increased minimum credit payments on existing credit
5. Missed or late payments
6. Judgments
7. Liens
8. Inquiries not listed on the initial credit report
9. Any information that can be considered derogatory

It is in your best interest to take all necessary steps to make sure that your credit information does not change from your initial loan application through your loan closing date, so that you're LOAN CLOSING & EARNEST MONEY is not in jeapordy...

Questions?  Email or call me!

Melanie A. Henn, CML

Direct:  719-499-8061 or mhenn@ccmclending.com