Waiting on Your Mortgage Closing? 3 Dos and 1 Big Don't
Saturday, 4 May 2024, 10:30
Mortgage Closing Guide: Best Tips for You
Tom Petty was right -- the waiting really is the hardest part. There are many steps to the process of becoming a homeowner, and easily the most boring is waiting for your mortgage to close. While you're waiting (and underwriters are doing their work), there are a few moves you should make -- and one you absolutely shouldn't.
Three dos
- Declutter: Spend time decluttering your belongings to make your move easier and more organized.
- Make a moving plan: Plan your move efficiently, considering all aspects, costs, and needs.
- Keep saving: Continue building your savings to prepare for homeownership expenses.
One big don't: Do not make any financial changes before your loan closes to avoid jeopardizing your mortgage approval.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.