Ensure a smooth loan process


MINT HILL, NC — Once you’ve gotten that pre-approval and started looking for homes, it’s essential to remember the “do’s and don’ts” throughout the process. While waiting for closing day, and turnkey, don’t forget these tips:

  • DO: Maintain current employment and/or alert your loan officer if changes are needed
  • DON’T: open new lines of credit
    • From pre-approval to closing, please refrain from any new financed purchases including: car loans, lines of credit, credit cards, furniture loans, etc.
  • DO: Set aside money for a down payment/closing costs, ensuring that this money is not spent or used
  • DON’T: Make large deposits (i.e. cash or check) without alerting your loan officer or lending institution
  • DO: Make all timely payments on current debts
    • Even if you are selling a house to buy a new one, it is extremely important to always make the payment.
  • DON’T: Co-sign loans during the process or initiate additional credit checks
    • Any cosigned debt will be considered a single debt for the first 12 months of cosignature
  • DO: Ask Questions and Contact Your Loan Officer
    • The MOST important aspect of the financing process is understanding the details of the transaction. Open and effective communication can make all the difference in a real estate transaction.

As always, if the do’s and don’ts raise questions, please feel free to call, email or text (704) 430-6138 or brandon.wolf@primisbank.com).

Look forward to discussing it next week!

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Brandon Wolf

Brandon was born and raised in the Mint Hill area and graduated from Independence High School. He then played college baseball at Wingate University. Brandon met his wife at Independence HS, dated throughout HS, in college, and got married right after college (they have a baby boy due in September). Brandon has been a Mortgage Loan Officer in Mint Hill for over 7 years. “Mint Hill is more than where I work, it’s my home. I grew up, played baseball, met my wife. I really enjoy helping people get mortgages in this town that I always called HOME,” says Brandon.


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