Tips For A Smooth Loan Approval

The following are helpful tips to ensure an effortless loan process
and will help avoid any delays with your loan approval.

DO….
-DO continue making your mortgage or rent payments
-DO stay current on all existing accounts
-DO keep working at your current place of employment
-DO keep your same insurance company
-DO continue living at your current residence
-DO continue to use your credit as normal
-DO call us if you have any questions

DON’T….
-DON’T make a major purchase (car, boat, fur, jewelry, etc.)
-DON’T buy any furniture
-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 close any credit card accounts
-DON’T change bank accounts
-DON’T max out or over charge on your credit card accounts
-DON’T consolidate your debt onto 1 or 2 credit cards
-DON’T take out a new loan
-DON’T start any home improvement projects
-DON’T finance any elective medical procedure
-DON’T open a new cellular phone account
-DON’T join a new fitness club
-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 us right away
so we can help you determine the best way to achieve your goals. Call Mark Lackey today at 404-886-8789 so he and his team can assist you in this process.

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