Buying a new home can be a very stressful situation, especially if you are right on the bubble for the asking price and what you can afford to pay. Lenders need to make sure you are capable of making your monthly payments and one small slip-up on your part could put that application in jeopardy.
To make sure you increase your chances of being approved, we have put together a list of what you should and should not do during the time leading up to your mortgage application. If you are even thinking about buying a home in the near future, you should follow these tips to the letter. In addition, we would recommend reaching out to our lender, North American Mortgage Company, for a mortgage pre-approval so you know exactly how much buying power you have while conducting your search.