Chris Luis, My Favorite Mortgage Broker 
"I work for you, not the banks." 
NMLS 888571

CLuisMortgages. LLC             
MBR 1575, NMLS 1159714                                       
t: 800.991.3268
f: 800.718.1862
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Do’s and Don’ts when Getting Ready to Buy a House

Here is a list of some important steps to take if you are planning on buying a house in the next 1 to 6 months:  

Documents Needed 

1.Do collect you past 2 years tax returns and w-2, 
2.Do find you social security card.

Credit

3.Don't apply for new credit of any kind.
4.Don’t dispute credit accounts.  
5.Do keep all existing credit card accounts open.
6.Don't MAX OUT or overcharge existing credit cards.
7.Don't consolidate debt to one or two cards.
8.Do stay current on your existing accounts. 
9.Don’t pay off collections unless asked to by your loan officer. 
10.     Do pay off all judgments, or tax liens. 
11.      Do be current on your student loan payments. 

Spending

12.Don't make any large purchases via credit.
13.Don’t plan a major purchase, a cruise or a wedding, at the same time. 

Bank Accounts 

14.      Don't make large cash deposits. Paycheck are OK. Avoid hard currency 
15.Do build your bank account to cover at the minimum your down payment.  
16.Don’t bounce checks or have insufficient charges on your account 


Do call me. I am here to help you through this process.

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