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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8059 E Wilshire Drive Scottsdale, AZ 85257

$824,500
3 Beds
3 Baths
1,981 SqFt
Status Active
MLS # 6741064
Property Type Single Family Residence
Price Type --
Nestled among $1M homes and minutes from Old Towne, Fashion Square, ASU and Sky Harbor! Now priced below Neighborhood comps! As you step into the home the Mid-Century Modern styling and pride of ownership shines through. The perfect home for hosting with a fully updated kitchen including a gas range and convection oven and a secondary electric oven and additional full sized refrigerator. 3 bedrooms and a fully equipped office give you flexibility to work from home. 2 of the 3 bedrooms come with en suite bathrooms, one of which has its own courtyard! Resort style living in the backyard! Enjoy the pebbletec pool, jacuzzi under gazebo, artificial grass and travertine pavers. Plenty of privacy and large covered patio will allow you to enjoy the backyard all year round. Hot water heater, pool pump and dishwasher 2 years or newer. Also featuring quartz countertop and SS appliances. There is a Reverse Osmosis system for drinking water and the ice maker. Situated on a cul-de-sac results in little traffic and a quiet street. This brick built home is energy efficient and the average electric bill in 2023 was $180/month.

955 Rainbow View Drive Lakeside, AZ 85929

$824,000
3 Beds
2 Baths
2,384 SqFt
Status Active
MLS # 6750237
Property Type Single Family Residence
Price Type --
Envision a charming furnished home that exudes warmth and comfort from the moment you approach its beautifully landscaped driveway, in the prestigeous gated community of The Shores by Rainbow Lake. Just blocks from the lake. The covered porch welcomes you into an inviting entryway, leading to a home with flowing hardwood floors and an open great room that's perfect for gatherings. The heart of the home features a cozy fireplace with updated stonework, creating a serene ambiance. The entertainer's dining space is complemented by an island with elegant stone counters, offering ample counter space and a stainless gas range, all illuminated by stylish pendant lights... READ MORE... The large primary suite is a retreat within itself, boasting his and her closets, a private office space, and a beautifully updated ensuite with dual vanity and a dedicated makeup area, all encased by chic glass front storage. The walk-in glass shower and inviting soaker tub to add a touch of luxury. Two additional guest rooms offer comfort and style, with a gorgeous guest bath featuring a double vanity, shiplap feature wall, enchanting mirrors, and a glass door soaker tub/shower combination. A bonus living space opens up to a large back deck and a landscaped yard that's perfect for outdoor enjoyment. Completing this idyllic home is a 3-car garage with plenty of built-in storage, ensuring that every need is met with elegance and ease. This cabin is not just a house, but a sanctuary designed for those who appreciate the finer details and a touch of rustic charm. This cabin / home is in the prestigeous GATED community of The Shores. This community has it's own private launch to Rainbow Lake, tennis courts, pickleball courts, basketball and a gazebo gathering area. Beautifully landscaped community with high end custom homes throughout. The garage is an extended 3 car garage with an extended large storage area. This home has ample storage throughout! This home is set back on the lot with tons of privacy both front and back! This home has TRUE pride of ownership!!! This is a small list of items that do NOT convey to be provided. Please note that 'nothing' in the garage conveys. Imagine living in the White Mountains of Arizona where you have 4 beautiful seasons and where you can breathe in the fresh mountain air and enjoy the 40 lakes and over 600 miles of rivers and streams. In addition to the amazing fishing, this area has one of the most extensive trail systems in the southwest for hiking, biking, horseback riding, quadding and more. Sunrise Ski Resort is also just 40 minutes away with 3 beautiful mountains to ski, snow board or sled. If shopping is your interest, you will love the antique stores and the multitude of arts and craft shows that happen in the summer. The music festivals have something to fit everyone's enjoyment. Do you love to golf? There are 7 amazing golf courses, 3 that are public. The White Mountains, where this home/cabin is the best kept secret of Arizona! Come and explore and enhance your living! Pinetop-Lakeside was also voted 'Best Cabin Region in the U.S... Embrace the MAGIC!

11115 E Sunnydale Court Sun Lakes, AZ 85248

$824,000 - 2Br/3Ba -  for Sale in Sun Lakes 26f Phase 1 Lot 1-69, A-c, Sun Lakes
Open House
$824,000
2 Beds
2.5 Baths
2,660 SqFt
Status Active
MLS # 6728076
Property Type Single Family Residence
Price Type --
Beautiful Remodeled Home on Walking Path in Gated Community. 2 Bedroom Suites plus separate Den or 3rd Bedroom, 1/2 Ba off Hallway. Formal Living Room w/ Fireplace, Plantation Sutters, Crown Molding, Formal Dining Room. Large Open Kitchen and Family Room, hand picked Granite Countertops throughout, Island w/Microwave Drawer, Lg Pantry w/all pull out shelves, Vaulted Ceilings throughout, Tile Plank Flooring throughout, Bonus Room or Storage. Play Pool w/several jets. Large Back Yard, all Grass, Front Yard w/Artificial Grass, Pavers all around, Full Tile Roof with Solar Panels (Seller Owned), 2.5 Car Garage, to much to mention here, Come See this Gorgeous Home at end of Clu de Sac.

22704 E Pegasus Parkway Queen Creek, AZ 85142

$823,990 - 3Br/3Ba -  for Sale in Harvest Queen Creek Parcel 2-6, Queen Creek
New
$823,990
3 Beds
2.5 Baths
3,203 SqFt
Status Active
MLS # 6784633
Property Type Single Family Residence
Price Type --
Up to 3% of base price or total purchase price, whichever is less, is available through preferred lender. The Enchantment Series is set within a private gated enclave of the sought-after Harvest community, offering a prime location across from swimming pools, a catch-and-release lake, and a scenic green park. Enjoy peaceful surroundings while staying close to shopping and entertainment. Designed with entertaining in mind, this home features an oversized kitchen with a large island and pantry, plus an entertainer's dream layout with an expansive L-shaped patio. Don't miss this incredible opportunity.

521 N Redondo Drive Litchfield Park, AZ 85340

$823,900
5 Beds
3 Baths
2,662 SqFt
Status Active
MLS # 6777451
Property Type Single Family Residence
Price Type --
Discover your oasis in the heart of Old Litchfield Park! This stunning 5-bedroom, 3-bath home features two spacious living areas and is perfect for family living. Enjoy energy efficiency with owned solar (full offset), a new roof, new AC, and updated sewer plumbing. Inside, you'll find modern flooring throughout, while the fully landscaped backyard boasts a diving pool, hot tub, turf, and a cozy gas fire pit for evenings under the stars. With a covered patio and a desirable North/South facing lot, this home offers endless outdoor enjoyment. Just a short walk to the Wigwam Resort, elementary school, golf course, and restaurants. This is the ideal blend of comfort and convenience. Don't miss this opportunity!

20454 E Via Del Jardin -- Queen Creek, AZ 85142

$823,357
4 Beds
3 Baths
3,077 SqFt
Status Active
MLS # 6734837
Property Type Single Family Residence
Price Type --
MLS#6734837 February 2025 Completion! The Breckenridge is a single-story floor plan featuring 3,077 sq. ft. of living space, including 4 bedrooms, 3 bathrooms, a 3-car tandem garage, a dining room, and a study. The welcoming porch opens into the foyer, flanked by a dining room on one side and bedroom 4 and the study on the other. Straight ahead, you'll find a spacious kitchen, casual dining area, and gathering room. This open-concept design allows you to cook while enjoying time with loved ones or watching your favorite show. Adjacent to the kitchen are bedrooms 2 and 3, along with a full bathroom for easy access. The primary suite features a bathroom with a split tub and shower, plus ample closet space. Your dream home awaits! Structural options include: gourmet kitchen with double over, shower in lieu of tub/shower at bath 3, garage service door. Design upgrades include: upgraded size and painted kitchen cabinets, whole house quartz countertops, upgraded carpet and tile flooring, double ovens, upgraded interior paint, e-granite single bowl kitchen sink, gas line for future outdoor kitchen, extra blown insulation in all interior walls (whole house).

2181 W Whispering Springs Show Low, AZ 85901

$820,250
3 Beds
3 Baths
2,052 SqFt
Status Active Under Contract
MLS # 6750141
Property Type Single Family Residence
Price Type --
*LOCATION LOCATION! This home is located in the Torreon Golf Community. Don't miss this Fantastic opportunity to own your own Paradise in the Pines! Brand New Construction. Corner Lot. This home boasts Premium Wood Flooring, Quartz Countertops, Large walk in pantry, Anderson Windows, Remote Control Gas Fireplace, Upgraded Gas Furnace, Gorgeous Primary Bedroom with Large walk in shower and free standing tub. The Views, The Pines, The Friendly Wildlife, this home has it all. The only thing missing is you! Amenities include Community Pool, Tennis, Pickle Ball, Fitness Center and Restaurant. Also rest easy home or away because Torreon has a 24 hour 7 days a week Private Security Patrol.

2615 Dillon Boulevard Chino Valley, AZ 86323

$820,000
3 Beds
2.5 Baths
2,465 SqFt
Status Active
MLS # 6695516
Property Type Single Family Residence
Price Type --
REDUCED! Live the Rural lifestyle of Chino Valley while only 20 minutes to Prescott, Airport & Golf! This Homestead model includes 3 bedrooms, 2.5 baths, an extended great room plus a 3-car temperature controlled & insulated garage, All on a 1+ acre lot with mountain views. Rear covered patio plus a front porch, both big enough for entertaining! Other upgrades include a Super-sized shower in the primary bath, upgraded tile, wood looking vinyl flooring & lighting. The island kitchen includes upgraded cabinets, hardware & crown moldings, Energy Star appliances, a gas cooktop, built in oven/microwave & dishwasher. The large great room has a gas fireplace & there is a casual dining area in the great room plus a large formal dining room. Tankless gas water heater. Watch the tour & come see!

1294 E La Fortuna Court San Tan Valley, AZ 85140

$820,000
4 Beds
3 Baths
3,000 SqFt
Status Active
MLS # 6773797
Property Type Single Family Residence
Price Type --
San Tan Valley Getaway: Your Dream Home Awaits you! Discover the perfect blend of space, style, and serenity in this stunning newer home, ideal for RV enthusiasts and those seeking ample garage space with its impressive 5-car garage! Boasting 4 bedrooms plus a den and bonus room, this expansive 3,000-square-foot residence offers room for everyone. As you enter, you'll be greeted by beautiful wood plank-look tile flooring that flows seamlessly throughout the main living areas. The home showcases luxury custom touches, including high ceilings adorned with shiplap and beams that add a touch of elegance. At the heart of the home lies a gourmet kitchen, complete with pristine complete with pristine white 42'' cabinets, a chic subway tile backsplash, and sleek quartz countertopsperfect for culinary creations and entertaining. The inviting open layout is enhanced by two-tone paint and a built-in drop zone storage area in the mudroom. Step outside to your 15,500 sqft lot, where the possibilities are endless! Currently featuring low-maintenance artificial turf, shrubs, and granite, there's ample space to create your own resort-style yard. Imagine designing your dream pool, outdoor kitchen, fire pit, or grassy play areaall on a desirable north/south facing lot nestled on a quiet cul-de-sac street. Conveniently located on the border of San Tan Valley and Queen Creek, you'll enjoy easy access to the 24 freeway extension and a variety of shopping and dining options. Experience the tranquility of suburban living while remaining close to city amenities. Don't miss this incredible opportunity to make this beautiful house your home! Come and see!

30709 N 170th Street Rio Verde, AZ 85263

$820,000
3 Beds
3 Baths
2,457 SqFt
Status Active
MLS # 6761212
Property Type Single Family Residence
Price Type --
Discover the charm of this custom-built, private residence set on 1.2 acres, ready for you to call home. Relish in the stunning mountain sunrises from your covered back deck or 360° views from the rooftop deck, offering ever-changing panoramic views of the McDowell, Mazatzal, Four Peaks, Granite, and Superstition mountains. This elegant home boasts solid Knotty Alder cabinetry throughout, a split floor plan, 10-foot vaulted ceilings, and solid wood beams in the entryway. The spacious living room features a cozy corner fireplace, while the oversized laundry room provides ample storage. The master suite opens to a private courtyard with mountain views. The en suite bathroom includes a generous closet, walk-in shower, soaking tub, and dual vanity sinks. The beautifully designed kitchen is a culinary enthusiast's dream, with a large center island, substantial pantry, wine cooler, large oven and warming drawer, granite counters, and a large granite sink. The kitchen flows seamlessly into a spacious dining area, perfect for entertaining. Adjacent to the courtyard and main home, the 337 sqft private casita features its own entrance, full bath, oversized closet space, mini-split HVAC, and water heater. This charming home sits on over an acre of land and includes a private dog run, three-car oversized garage, and a 2600-gallon water storage tank. Assured water for the property is provided by EPCOR and monitored by Dynamite Water Co. No HOA fees. Bring your horses, RV, boat, farm animals, and toys. This home is ready for you to move in and make it your own.

1291 E La Fortuna Court San Tan Valley, AZ 85140

$820,000
4 Beds
3 Baths
2,632 SqFt
Status Active
MLS # 6766687
Property Type Single Family Residence
Price Type --
This Newport Built Home in San Tan Meadows features 4 bedrooms PLUS Den, & 3 baths. Master bath has grey quartz countertops. Gourmet kitchen has White cabinets with grey quartz countertops, grey herringbone tile backsplash plus wood looking tile floors. Coastal color schemes. 4th bedroom has it's own bathroom, makes a great guest room. 10 -12ft varied ceiling heights, large extended patios, tiled showers. This private, one of a kind community has only 26 Lots, This home offers 15,000+ SQ FT lot, 2 car garage and a RV Garage, SEE MORE Welcome to your new sanctuary, where functionality meets passion! This stunning home not only boasts a two-car garage but also features an additional RV garage that can easily accommodate up to three extra vehicles. Imagine having the perfect setup for your automotive hobbies! The extra garage space allows for customization, storage of tools, and plenty of room to showcase your collection.Whether you're an avid traveler or a collector of recreational vehicles, this expansive RV garage is a dream come true. With enough space for an RV and additional room for up to two more cars, it's ideal for storing your prized possessions or working on your latest project.

13013 N Panorama Drive Unit 126 Fountain Hills, AZ 85268

$820,000
2 Beds
2 Baths
1,713 SqFt
Status Active
MLS # 6774284
Property Type Apartment
Price Type --
Saying ''Updated'', ''Gourmet Kitchen'', ''Pride of Ownership'' and ''Entertainers Dream'' doesn't do this condo justice. Take note of the waterfall granite, the kitchen boasting cabinetry with lighting in, under & even IN drawers. High-end hand scraped engineered hardwood floors throughout. Enjoy the modern electric FP, wine fridge, and relax in the spa like bath w/a Physical Therapy 30+ jetted tub. Primary WIC is cedar lined. EV Charger in Garage. HVAC Electronic Filtration System. This 2bed/2bath/1st flr condo is in one of the most desirable communities in the Hills, on the north side of Fountain Park. A gated community w/clubhouse, heated pool/spa. Close to downtown and all the shopping/dining that is Fountain Hills. Great investment opp or keep as your personal AZ oasis.

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