4 Things You Absolutely Should Not Do After You Apply for a Mortgage

4 Things You Absolutely Should Not Do After You Apply for a MortgageIf you have a good credit history and are prepared to invest in a home, you may be feeling pretty confident about the mortgage process. However, it’s important to be aware that there are things that can have a negative impact on your application. Whether you’ve just submitted your documents or are getting close to it, here are some things you may want to avoid.

Acquiring New Credit

It may seem silly that something as minor as a new credit card can be a mark against your credit, but applying for new ones can be a bad sign to lenders. The problem is that this can be signal an unmanageable debt load, so you may be considered a high risk for not being able to make your payments.

Forget To Pay Your Bills

It’s easy enough to get lulled into the feeling that your mortgage application will be approved, but this doesn’t mean that you should forget your financial responsibilities. If you’ve had poor credit in the past and neglected paying your bills on time, now is not the time to do this. Instead, ensure that you’re paying all bills and any applicable minimum payments in advance of the due date so your credit score is not impacted.

Close Old Credit Cards

Many people think that closing out old credit cards can be a positive financial step forward and a good way to streamline their finances, but this can cause damage to your credit score. Because closing a credit card will change your available balance and bump up your debt load, it may mean that your debt percentage will increase. Instead of risking this, leave them active until you’ve received approval.

Quit Your Job

Few people will have the ability to quit their job when they’re applying for a mortgage, but doing this or incurring other fluctuations in your monthly income can cause problems with your application. If you are self-employed, there may be peaks and valleys in your finances, but a huge shift in what you bring home can show lenders that you’re not a solid bet.

There can be a lot of stress that comes along with the mortgage application process, but by paying your bills on time and staying on top of your payments, you can avoid negatively impacting your approval.   To start your home search, give me a call – J.P. Cook – 602-320-4253.

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7504 E Almeria Road Scottsdale, AZ 85257

$829,000
4 Beds
3 Baths
2,272 SqFt
Status Active
MLS # 6744674
Property Type Single Family Residence
Price Type --
PRICED BELOW APPRAISED VALUE! APPRAISAL IN HAND! This home is absolutely stunning and entirely new construction! With 2,272 sq. ft. of permitted custom design and AMAZING upgrades throughout, it's a true gem. Nestled in the heart of South Scottsdale, it boasts a fantastic location with freeway access and an abundance of surrounding entertainment. This corner-lot home features 4 generously sized bedrooms in a split floor plan and three large bathrooms. Upon entry, you'll find a great room with a large open-concept space leading to the kitchen area. The gorgeous custom kitchen setup includes a center island, upgraded granite countertops throughout, additional cabinetry in the dining area, and a beverage/wine fridge. There is even additional plumbing if you'd like to add an optional bar sink With ample storage and cabinet space, all upgraded stainless steel appliances are included. The home flows seamlessly into a vaulted bonus room that extends into a separate wing of the house. The master suite features a huge walk-in shower, his-and-hers bathroom vanity stations, and a large walk-in closet. The seller spared no expense, using top-notch design and materials, including upgraded tiles and glass shower surrounds in all showers and baths. The laundry room is spacious with additional storage. A custom wood beam is installed in the high vaulted ceiling, and the beautiful, easy-care landscape design in the front is low-maintenance. The backyard features a long extended patio, two RV gates, and two side gates, offering plenty of room to create your perfect space. This home is priced to sell and is well under market value per square foot. The seller is offering a one-year warranty, and all warranties convey with the new AC unit, new roof, new windows, and manufacturers' warranties on the appliances. Seller is offering a $20,000 incentive to be used towards backyard landscape or however, client chooses! WELCOME HOME!

17931 N 93rd Way Scottsdale, AZ 85255

$829,000 - 2Br/2Ba -  for Sale in Dc Ranch, Scottsdale
Open House
$829,000
2 Beds
2 Baths
1,912 SqFt
Status Active
MLS # 6762059
Property Type Townhouse
Price Type --
Welcome to this stylish townhouse in the highly sought-after DC Ranch community! Recently upgraded with new LVP flooring, fresh carpet, and a fresh coat of paint throughout, this home perfectly balances modern elegance and comfort. The kitchen boasts new countertops, a stunning backsplash, and a brand-new sink and faucet, complemented by a contemporary dining room with new light fixture. Enjoy breathtaking mountain views from your private balcony off the master suite, complete with generous walk-in closet and a luxurious en-suite bath, with both a separate tub and shower. Also upstairs, you will find a versatile flex room with a built-in desk - perfect for your home office. Step outside to one of the largest outdoor patios in the community, paved and ready for entertaining. This gated enclave features just 38 homes and includes access to a community pool, plus the Desert Camp Community Center which includes a fitness center, basketball court, and tennis court. This property sits in a premier location; just minutes from restaurants, shopping, golf, and major freeways. Plus, it's a quick walk to AJ's Market and Ciao Grazie Pizza & Wine Bar. Experience the best of DC Ranch living!

1431 E Mclellan Boulevard Phoenix, AZ 85014

$829,000 - 3Br/3Ba -  for Sale in Phoenix, Phoenix
Open House
$829,000
3 Beds
3 Baths
2,312 SqFt
Status Active
MLS # 6774735
Property Type Single Family Residence
Price Type --
Discover this beautifully updated, single-story home, perfect for multi-generational living, nestled on an oversized lot with North/South exposure in the highly regarded Madison School District. This Arcadia-like gem boasts an open floor plan, elegant tile flooring throughout, and a stylish kitchen featuring white upgraded cabinets, a large island, walk-in pantry and granite countertops. Enjoy the benefits of dual-pane windows, a newer roof, and much more. The property includes a detached oversized 2-car garage/workshop and a charming casita (480 sq. ft.) with its own living area, bathroom and kitchenette. Electric gate provides entry to rear parking incl an RV spot. Offers low-maintenance landscaping and convenient access to Sky Harbor, dining, shopping, and the best of Central Phoenix.

20490 E Via De Colina Place Queen Creek, AZ 85142

$828,846
5 Beds
3 Baths
3,077 SqFt
Status Active
MLS # 6746358
Property Type Single Family Residence
Price Type --
MLS#6746358 April Completion! Discover the Breckenridge model at Ellsworth Ranch - Voyage, a stunning single-story home with 5 bedrooms, 3 baths, and a 3-car garage. The heart of the home is the open gathering room, seamlessly connected to the casual dining area and the kitchen, which features a central island and a walk-in pantry. A formal dining area near the foyer adds a touch of sophistication. The private owner's suite, located at the rear, serves as a tranquil escape with its luxurious tub, separate shower, dual vanities, and expansive walk-in closet. Two guest bedrooms and a bath at the front provide the perfect space for visitors. Structural options include: gourmet kitchen, bedroom 5 in lieu of study, shower in lieu of bath at bath 3, study in lieu of dining, and gas line for future outdoor kitchen.

3028 E Austin Drive Gilbert, AZ 85296

$828,000
4 Beds
3.5 Baths
3,124 SqFt
Status Active
MLS # 6776951
Property Type Single Family Residence
Price Type --
Beautiful 4-bedroom + Den, 3.5-bath + loft home! Features oversized bedrooms & (1) bedroom & a full bath downstairs. This home offers an open floor plan with abundant natural light & tasteful updates throughout. The updated kitchen features quartz countertops & modern finishes, perfect for cooking & entertaining. Located in the highly desirable Morrison Ranch & only steps from the community park. Step outside to a finished backyard, complete with a built-in BBQ, fire pit, & putting green. Covered patio runs the entire width of the home. Morrison Ranch provides tree-lined streets, scenic parks, lakes & convenient access to shopping & dining. 5 mins to Gilbert's newest Epicenter, 10 mins to downtown Gilbert, 20 mins to Sky Harbor. You won't want to miss out on this one!

5667 W Abraham Lane Glendale, AZ 85308

$828,000 - 4Br/3Ba -  for Sale in Arrowhead Lakes 3 Lot 239-333 Tr A-b, Glendale
Open House
$828,000
4 Beds
2.5 Baths
2,846 SqFt
Status Active
MLS # 6732991
Property Type Single Family Residence
Price Type --
MOTIVATED SELLER! Now priced more than $132,000 below recent appraisal! INSTANT EQUITY! Do not miss this one-of-a-kind, custom stunner in Arrowhead Lakes--Glendale's premier neighborhood! Originally built and occupied by one of the developers of Arrowhead Ranch, this entertainer's dream home includes an array of custom features, including gorgeous Brazilian oak wood and Italian tile flooring; a central vacuum system; artificial turf in the front yard; and a beautiful paver driveway and walkway leading to the inviting front porch. Upon entering, you'll be drawn across the room to the expansive balcony, offering amazing views (especially at sunset!) of the golf course, lake and the White Tank Mountains in the distance. In addition to the view, the focal point of the main level is the corner, wood-burning fireplace in the living room, which flows easily into the breakfast room, kitchen and formal dining room. The primary suite and one guest bedroom are also on the main floor. The primary includes two walk-in closets on the way to a luxurious bathroom with dual vanities, a jetted cast iron tub and separate shower. The guest bedroom on the main floor can also serve as a den or library, with its floor-to-ceiling shelving. Adding to its versatility, there is a separate exterior side entrance into this room. The lower level offers a large family room, two additional bedrooms, bathroom, laundry room and tons of storage! Each room provides stunning views and access to the covered patio outside, which leads to a refreshing play pool. One of the bedrooms features a custom, built-in murphy bed with attached storage. In addition to the ample storage inside, 550 square feet of easily accessible storage space is tucked away under the house through a side door. The garage includes epoxy flooring and access to the attic for even more storage! This property is situated directly behind the 15th tee of the golf course, assuring that golfers hit their balls in the opposite direction of your backyard lounge chair. Imagine floating in your crystal clear pool, enjoying the sunset with an ice cold beverage in your hand. Your dream can come true in this exquisite, turnkey home in Arrowhead Lakes!

643 W Cattle Drive Flagstaff, AZ 86005

$827,000
4 Beds
3 Baths
2,311 SqFt
Status Active Under Contract
MLS # 6778662
Property Type Single Family Residence
Price Type --
This stunning, true 4-bedroom, 3-bathroom plus extra flex room home is nestled in the highly sought-after neighborhood of Ponderosa Trails. As you enter the home, you immediately feel welcomed by the spacious family room with picture windows & an open kitchen with a fantastic center island that flows into the dining area. A main-floor bedroom wi/ a full bath is conveniently located for guests or those seeking multigenerational living, plus an additional flex room. Downstairs, the primary bedroom features an en-suite bath with dual vanities, a separate tub, & a shower w/ large walk-in closet & slider access to the back patio. Two more bedrooms & a full bath with loads of hidden storage give you all the extra space you need. Amazing curb appeal w/ a flat driveway. Spacious backyard that is fully fenced, storage shed, patios, & artificial grass. Close to NAU, shopping, dining, and outdoor activities. Ponderosa Trails connects to the FUTS Urban Trail system, Mountain School, and the City of Flagstaff Park.

3106 N 70th Street Unit 2007 Scottsdale, AZ 85251

$827,000
2 Beds
2.5 Baths
1,826 SqFt
Status Active
MLS # 6754424
Property Type Townhouse
Price Type --
Looking for turnkey? Redecorated and furnished with upscale furnishings of over $30,000. No? Purchase for $,7,000 less. $17,000 in upgrades this year include wood flooring, garage cabinets, patio improvements, and new smart locks and cameras. Great Scottsdale location, near Old Town Scottsdale, Honor Health Care, Thursday Art Walks, the Scottsdale Wine Trail, shops, restaurants, Trader Joe's, and much more. Energy Star construction, quartz countertops, Bosch appliances, magnificent large closets, 2 suites, End Unit.

1922 Golf View Lane Prescott, AZ 86301

$825,900
3 Beds
2 Baths
2,242 SqFt
Status Active
MLS # 6768508
Property Type Single Family Residence
Price Type --
This elegant 3-bedroom, 2-bath home with a 2-car garage and a golf cart garage is ideally situated next to the picturesque Antelope Hills golf course, offering breathtaking views of Granite Mountain. The open-concept floor plan, featuring seamless waterproof luxury vinyl flooring, maximizes space and natural light, creating a bright and welcoming atmosphere. The chef's kitchen boasts quartz countertops, a large island with a drawer microwave, abundant storage, and expansive windows that showcase the beautiful surroundings. The master suite includes two walk-in closets and double vanity. The second bedroom, with direct access to the guest bathroom, provides added versatility. Additional features include insulated inside walls, a recirculating on-demand hot water heater, a covered back patio, and a paver driveway. Other advantages to this home are built-in fire sprinklers, on-demand water heater, a sound system with speakers, structured wiring throughout, a gas fireplace, blown foam insulation in the attic and all exterior and interior walls are fiberglass insulation for sound, solid core doors, and insulated garage doors.

394 E Bittercress Avenue Queen Creek, AZ 85140

$825,176
2 Beds
2.5 Baths
2,180 SqFt
Status Active
MLS # 6723123
Property Type Single Family Residence
Price Type --
Experience refined living in this Genova model home in Encanterra. This 2,180 sq. ft. residence offers 2 bedrooms, 2.5 baths, & a versatile den. The gourmet kitchen boasts JennAir appliances, quartz countertops, a large single bowl sink, & elegant upgraded cabinetry. The open floor plan connects the spacious great room & dining area, perfect for entertaining. Retreat to the primary suite with a luxurious bathroom featuring a heavy glass shower enclosure & quartz countertops. Enjoy the Arizona weather on the covered patio with a built-in gas fireplace & extended pavers. Additional highlights include luxury vinyl plank flooring throughout & a golf cart garage. Discover the best in Encanterra living—schedule your visit today!

4263 W Bonnie Lane Queen Creek, AZ 85144

$825,000
4 Beds
4 Baths
3,043 SqFt
Status Active
MLS # 6748686
Property Type Single Family Residence
Price Type --
BRAND NEW Construction w/ Custom-Quality Upgrades! This beautiful Modern Farmhouse is located on a 1.25 ACRE of FENCED Horse Property. Gourmet Kitchen w/ WOLF Appliances, high-end Cabinets w/ 42'' uppers, White Quartz Countertops, Built-in Stainless-Steel Drawer Microwave & Wood Plank Tile Floors. Stunning Master Bathroom w/ Freestanding Soaking Tub, BEACH ENTRY Shower & Double Vanities. Exceptional Energy Efficient - boasting Spray Foam Insulation, Premium Trane AC units & High-end Windows. Superior Construction & Craftmanship includes Premium Roofing System, Premium Synthetic Stucco & much more! Estimated completion date in Dec.

17448 W Carlisle Drive Surprise, AZ 85388

$825,000
3 Beds
3.5 Baths
2,350 SqFt
Status Active
MLS # 6677435
Property Type Single Family Residence
Price Type --
ENTERTAINING ALL OFFERS! NEW HOME NEVER LIVED-IN GATED GOLF COURSE COMMUNITY LAKE SUBDIVISION RESORT STYLE AMENITIES AND MUCH MORE! LOCATED IN THE ACTIVE ADULT COMMUNITY 55+ AT STERLING GROVE. STUNNING MIDWOOD SPANISH HOME AT STERLING GROVE GOLF & COUNTRY CLUB! OVERSIZED LOT WITH A SPACIOUS BACKYARD! GREAT CURB APPEAL WITH CUSTOM LANDSCAPING! THIS BEAUTIFUL TOLL BROTHERS HOME HAS A PLETHORA OF UPGRADES! BLACK IRON ENTRY DOOR, WHITE OAK WOOD FLOORING, GREAT ROOM WITH CATHEDRAL CEILING, CHEF'S KITCHEN WITH GAS COOKTOP, BUILT-IN MICROVAVE AND WALL OVEN. TWO-TONE KITCHEN CABINETS, WHITE BRICK HERINGBONE BACKSPLASH, QUARTZ COUNTERTOPS, ACCENT FURNITURE ISLAND WITH FARM SINK. SHUTTERS THROUGHOUT THE HOME AND MOTARIZED SHADES. EXPANDED MASTER BEDROOM. MASTER BATHROOM HIS & HER SINKS WITH VANITY. POP-OUT MIRRORS, AND WALK-IN TILED SHOWER. SECOND BEDROOM IS AN ENSUITE WITH A WALK-IN CLOSET. BONUS: THIRD BEDROOM IS A PRIVATE CASITA! LARGE EXTENDED COVERED BACK PATIO AND LOTS OF SPACE FOR YOU TO MAKE YOUR VERY OWN BACKYARD OASIS! Sterling Grove Golf & Country Club is a Gated Community w/24 Hour Guard Post. Great Opportunity to Enjoy on a daily basis so many Wonderful Amenities and Beautiful Views of the White Tank Mountains, Lakes, Ponds and Gorgeous Greens on your Walks, Jogs, Bike Rides! Amenities: TROON Managed Jack Nicklaus Design 18 Hole Golf Course, Tennis Courts, Pickleball Courts, Country Club, Resort Style Pools, Fitness Center, Spa, Restaurants, and Much More!

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