If you are in the process of buying a home and have been pre-approved for your loan, there are some things you should not do or you could jeopardize your final loan approval.

• Make a big purchase – I know you may have the urge to go out and buy that new furniture for your new home but you need to wait until after you close.  A big purchase can change your debt-to-income ratio that the lender used to approve your loan and could jeopardize your final approval.  Just look now and purchase after closing.
• Open up a new credit card – This isn’t the time to open up any new credit cards, again wait until after you close.
• Missing any payments –  Make sure you pay your bills on time, this can negatively impact your credit score if you pay late.
• Transferring funds or cashing out – Avoid transferring large sums of money between your bank accounts or making any undocumented deposits, both can send up red flags to your lender.

Always stay in contact with your lender and speak to them before you make any more that will affect your finances!