Loans By Janet

Imagine this: you’ve packed the boxes, ordered the movers, even picked out the first meal you’ll cook in your new kitchen … and then the call comes: your loan didn’t close.

It happens more often than you’d think, but here’s why—and what you can do about it:

✔️ Credit score changes — Opening a new credit card or financing furniture right before closing can drop your score. Solution: Keep your credit activity quiet until after the keys are in your hand.

✔️ Employment shifts — Switching jobs or reducing hours can raise red flags. Solution: If you’re planning a change, talk to your lender first. Timing is everything.

✔️ Big bank deposits — Large, unexplained deposits can stall underwriting. Solution: Keep a clear paper trail and always check before moving money.

✔️ Appraisal issues — If the property doesn’t appraise for the purchase price, financing can fall apart. Solution: Have your Realtor + broker strategize on renegotiating or exploring other loan options quickly.

The good news? With the right game plan (and a calm, proactive mortgage pro in your corner 👋), most of these can be fixed—or avoided altogether.

 

💬 Have questions? Drop them below or send me a DM—I’ll walk you through what to expect so you don’t end up blindsided at the finish line.

 

— Janet, proudly serving you as your friendly, mortgage broker

 

HAPPY EASTER 💐
Wishing you and your loved ones a wonderful Easter Sunday. Enjoy!💓💕