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  • Minneapolis, MN: If you are in the process of, or about to be buying a home, there are many DO NOT DO items that can unintentionally get your mortgage loan pre-approval suddenly turned into a mortgage loan denial. Some seem to make logical sense, like don’t quit your job during the process, but the number of people who actually do is surprising.

    If you want to change job, but a new car, buy furniture for the new home, just be patient; there will always be time after closing.

    Do do list before closing

    WHAT NOT TO DO

    Do NOT have new credit pulled

    Do NOT take out any new credit of any kind (including furniture)

    Do NOT buy a car, truck, or van (or you may be living in it)

    Do NOT increase the balances on your credit cards. You can use them, just don’t add large amounts

    Do NOT spend any of your down payment money

    Do NOT move money around accounts, or make any large deposits

    Do NOT change bank accounts

    Do NOT sell property (cars, motorcycles) without getting a bill of sale, a copy of the cashiers check, and title transfer

    Do NOT cosign any loan for anyone

    Do NOT change or quit your job

    If you are thinking of doing any of these Do Not items, please consult your Loan Officer FIRST to see how it may or may not effect your loan approval, or get you denied.

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  • equal housing lender Minnesota, wisconsin, iowa, north dakota, south dakota

    Cambria Licensed Mortgage Loan Officer serving home owners, home buyers and residential real estate investors. Equal Housing Lender, Cambria Mortgage NMLS #322798. I am a licensed mortgage originator, NMLS #274132, and am licensed to originate mortgage loans in: MN, FL, WI, IA, ND, and SD. Lending services may be provided in certain states by Cambria Mortgage NMLS #322798. This is not an offer to lend or to extend credit, nor is this a guaranty of loan approval or commitment to lend. The information here may not be up-to-date and may no longer be accurate. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. Actual rates available to you may vary based upon a number of factors. Consumers must independently verify the accuracy and currency of available mortgage programs. All loan approvals are subject to the borrower(s) satisfying all underwriting guidelines and loan approval conditions and providing an acceptable property, appraisal and title report. © 2023 Joe Metzler