Some helpful dos & don’ts for successful loan or refinancing.


  • Don’t make any major purchases (car, boat, furniture, jewelry, etc.).

  • Don’t apply for new credit, even if you are pre-approved.

  • Don’t open a new credit card.

  • Don’t transfer any balances between accounts.

  • Don’t pay off any collections or accounts.

  • Don’t close any credit card accounts.

  • Don’t change bank accounts or banks.

  • Don’t max out or overcharge your credit cards.

  • Don’t consolidate your debt onto fewer credit accounts.

  • Don’t take out a new loan.

  • Don’t start any home improvement projects.

  • Don’t finance any elective medical procedures.

  • Don’t co-sign a loan for anyone else.

  • Don’t deposit cash into your bank accounts.


  • Do continue making your mortgage/rent payments on time.

  • Do stay current on all existing accounts, even if you are paying them off.

  • Do continue to work for the same employer.

  • Do continue to use the same insurance company.

  • Do continue living in your current residence.

  • Do continue to use your credit cards as normal.

  • Do call us if you have any questions.