Don’t make a major purchase of a vehicle. An increase to your debt ratio reduces the amount of your monthly income. Wait on that new car!
Don’t change Jobs – Unless you have to. Lenders like consistency and W-2 Income.
Don’t give earnest money deposits directly to the seller, ever. Good faith money goes into a trust account. The title company is a neutral party to hold the deposit.
Don’t be emotional. This is almost impossible, but at least try.
Don’t forget to have the seller pay for the Homeowners insurance.
Don’t panic if the appraisal comes in low. This can end it or begin concession negotiations.
Don’t Ignore Lender Requirements. Answer lender questions quickly, and get the paperwork to them promptly. They are not being pushy when they place demands on the timeline, they are trying to get the job done.