DO continue making your mortgage or rent payments
DO stay curent on all exising accounts
DO keep working at your current job
DO keep your same insurance company
DO continue to use your credit as normal
DO call us if you have any questions
DON’T make any major purchases (car, boat big screen TV, etc.)
DON’T apply for new credit (EVEN if you seem pre-approved)
DON’T open a new credit card
DON’T transfer any balances from one account to another
DON’T pay off charge offs without a discussion with us first
DON’T pay off collections without a discussion with us first
DON’T buy any furniture
DON’T max out or over charge on your credit card accounts
DON’T change bank accounts
DON’T consolidate your debt onto one or two credit cards
DON’T take out a new loan
DON’T start any home improvement projects
DON’T open a new cellular phone account
DON’T pay off any loans or credit cards without discussing it with your loan officer
If you encounter a special situation, it is best to mention it to your lender right away so they can help you
determine the best way to avoid any unnecessary conflicts.
