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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10753 E Sebring Avenue Mesa, AZ 85212

$749,000
4 Beds
3 Baths
2,800 SqFt
Status Active
MLS # 6754850
Property Type Single Family Residence
Price Type --
This exceptional property combines modern amenities with a tranquil setting, making it an ideal choice for your next home. Don't miss the opportunity to make this gem yours! The heart of the home features a high-end gourmet chef's kitchen with gas stove, large island, commercial hood, and complemented by sleek modern gray cabinets and pristine quartz countertops. Enjoy the chic ambiance of tile wood flooring and brand new baseboards and interior paint. The spacious open layout is perfect for entertaining guests. This home features an upgraded option for a larger laundry room and pantry, as well as an enclosed office. The 3-car garage offers plenty of storage and parking options.

607 W Villa Rita Drive Phoenix, AZ 85023

$749,000
8 Beds
3 Baths
2,853 SqFt
Status Active
MLS # 6754987
Property Type Single Family Residence
Price Type --
ASSISTED LIVING/BEHAVIOR Home licensed for 10; 3 full baths, 2 half baths, 8 beds, granite tops, travertine and laminate flooring, fenced pool and spa. Garage was converted and has two bedrooms/den/office with side doors exits and half bath, included in total living area (permitted and recorded - That could be converted back with no effort). Extra parking on side of property. Rollin shower's. Fully furnished,. ALSO for lease at $7000/mo. Technical lien on property not affecting license or zooning.

4155 E Page Avenue Gilbert, AZ 85234

$749,000
5 Beds
3 Baths
3,038 SqFt
Status Active
MLS # 6759741
Property Type Single Family Residence
Price Type --
Price To Sell! 3,000 SqFt w Pool in Morrison Ranch under $750k. This 5 bedroom, 3 bath home offers a full bathroom & bedroom on the main level. Situated w/in the popular Highland Groves community. This well thought out floor plan includes formal living, formal dining, family room just off the kitchen. Kitchen includes: Gas range, granite island, cherry cabinets w/ ample storage. Updated features include: ceramic tile throughout the main level and decorative wood tile on the 2nd level. Energy efficient LED lighting throughout. Sit back and relax in your low maintenance backyard with custom gazebo and sparkling pool with water feature!

501 E Desert Hills Estate Drive Phoenix, AZ 85086

$749,000
3 Beds
2 Baths
1,933 SqFt
Status Active
MLS # 6760740
Property Type Single Family Residence
Price Type --
This beautifully remodeled 3-bedroom, 2-bathroom residence boasts 1,933 sq ft of modern living space on a spacious .83-acre corner lot w/NO HOA. Step inside to discover a bright, open floor plan with a fully updated Kitchen with stylish quartz countertops, appliances including an electric range stove, fridge, dishwasher & built-in microwave. Enjoy the convenience of a wine fridge and relax knowing that the brand-new A/C & heating system will keep you comfortable year-round. This property is an equestrian enthusiast's paradise! With horse stalls, a corral, two RV gates, 2 sheds and a covered patio. Plenty of room for your animals, trailers and toys! Enjoy the tranquility of country living close to amenities. Don't miss out on this rare opportunity & make this stunning property your own.

4655 N 183rd Drive Goodyear, AZ 85395

$749,000
4 Beds
3 Baths
2,603 SqFt
Status Active
MLS # 6762252
Property Type Single Family Residence
Price Type --
Highly sought after home in the Sedella Community This home screams quality and beauty. Along with the professionally landscaped front and back yard.as you enter through the front door you will be met with 10ft ceilings followed by the entrance into the gourmet kitchen with a very large island. your attention is brought to the 8ft sliding glass doors extending onto the massive patio that surrounds the pool with plenty of room to sit around the built in grill. Rv gate and 3 garages with plenty of storage this home has it all

2929 W Amber Sun Drive Phoenix, AZ 85085

$749,000
4 Beds
3 Baths
2,532 SqFt
Status Active
MLS # 6762061
Property Type Single Family Residence
Price Type --
Welcome to this polished 4-bedroom, 3-bath home in the prestigious Stoneledge gated community. A rare built-in office with custom desk and storage is ideal for remote work. The gourmet kitchen features white cabinets, granite counters, and premium KitchenAid appliances, including a gas cooktop, double ovens, and a new fridge. Both a butler's pantry and an extra pantry add storage. The backyard retreat includes a saltwater pool, jacuzzi, BBQ island with smoker, fridge, and task lighting. Cool decking, travertine pavers, outdoor speakers, and a mounted TV complete the space. The garage has epoxy floors, custom cabinets, 220v power, and extra storage. Owned solar adds efficiency. Close to Fry's, Ridgeline Academy, and North Valley Christian Academy. A must-see!

2455 E Tonto Place Chandler, AZ 85249

$749,000
4 Beds
3 Baths
2,894 SqFt
Status Active
MLS # 6770183
Property Type Single Family Residence
Price Type --
Discover the Ultimate Canvas for Arizona Living in Chandler Step inside this 4-bedroom, 3-bathroom stunner and imagine the possibilities! Boasting nearly 2,900 sq. ft. of open living space, this home invites you to create your perfect oasis. With a brand-new roof and AC system already in place, all the heavy lifting is done. Enjoy split living for added privacy, with a spacious primary suite separated from the other bedrooms. The expansive backyard offers unmatched tranquility, with no house behind you—just open space to relax and unwind. Whether it's the huge living areas, flexible spaces, or the serene outdoor retreat, this home is full of potential. Nestled in a sought-after Chandler neighborhood, opportunity knocks—will you answer?

12356 E Pot O Gold Trail Florence, AZ 85132

$749,000
5 Beds
5 Baths
3,459 SqFt
Status Active
MLS # 6770369
Property Type Single Family Residence
Price Type --
This luxurious 5-bedroom, 5-bathroom home offers a spacious open-concept layout with modern design elements. The kitchen features sleek white cabinetry, a large island with bar seating, pendant lighting, and stainless-steel appliances. The living and dining areas are seamlessly connected, enhanced by large windows and contemporary light fixtures. The master bedroom exudes elegance with ample natural light. The home boasts wood-like tile flooring throughout, high ceilings, and multiple ceiling fans for comfort. A covered patio space opens to the outdoors, perfect for relaxation and entertaining. All this while being on over 1 acre of property.

13711 E Lucia Drive Scottsdale, AZ 85262

$749,000
4 Beds
3 Baths
3,063 SqFt
Status Active
MLS # 6777757
Property Type Single Family Residence
Price Type --
Stunning 3,063-Sq. Ft. single-level residence offers the perfect blend of space, comfort, and style. Nestled on a one-acre lot. As you step inside, you'll be greeted by a bright, inviting, open floor plan that seamlessly connects the living, dining, and kitchen areas. Standout feature of this home is the foam insulation, which enhances energy efficiency and ensures a comfortable environment year-round.The spacious living room features large windows, flooding the space with natural light while providing a cozy atmosphere for gatherings. The kitchen is a culinary delight, equipped with modern appliances and ample counter space. This home boasts a thoughtfully designed Jack and Jill bathroom connecting two spacious bedrooms.Est completion Jan/Feb 2025. Home features a three-car attached garage, providing plenty of space for vehicles, storage, or even a workshop. Whether you're a car enthusiast or need extra room for outdoor equipment, this garage is both functional and practical.

3519 E Piccadilly Road Phoenix, AZ 85018

$749,000
4 Beds
2.5 Baths
1,909 SqFt
Status Active Under Contract
MLS # 6716471
Property Type Single Family Residence
Price Type --
Welcome Home to Piccadilly Reimagined! This Arcadia Lite charmer is just what you've been looking for! As you pull up to your new abode you'll be greeted by a lush yard and welcoming front porch. Step inside and you'll be wow'd by the bright, open floor plan perfect for entertaining and everyday living alike! This home has been thoughtfully updated and features a large primary suite, three additional bedrooms, a full hall bathroom and convenient powder room off of the living room. Outside you'll find your oasis in the desert! The large patio, built-in BBQ, fire pit, a perfectly-sized grass area and raised flower beds make this house the perfect home! This property has it all and is located just minutes from the best dining, shopping, and hiking Phoenix has to offer!

1861 N Bernard Circle Mesa, AZ 85207

$749,000
4 Beds
3 Baths
2,244 SqFt
Status Active Under Contract
MLS # 6730707
Property Type Single Family Residence
Price Type --
Welcome to a dazzling desert sanctuary nestled within the illustrious gated community of Canyon Preserve. This rare and resplendent 4-bedroom masterpiece, set on a premium desert lot adorned with awe-inspiring natural rock formations and panoramic mountain vistas, redefines luxury and comfort. As you approach, a meticulously designed paver driveway guides you to the stately entrance of this palatial residence, setting the tone for the opulence that awaits within. The custom kitchen is an absolute chef's paradise, boasting an eye-catching backsplash, Café Signature oven and microwave, sumptuous quartz countertops, and sleek, modern hardware and fixtures. An integrated reverse osmosis system ensures the highest quality water. Adjacent to the kitchen, the laundry room is a paragon of elegance, featuring a butcher block counter space and ample cabinetry that make everyday chores feel like a luxurious experience. The great room exudes sophistication with its decorative wallpaper, designer lighting, and expansive sliding glass doors that open to the backyard. This seamless blend of indoor and outdoor living spaces invites you to bask in the stunning desert landscape and jaw-dropping mountain views. The primary bedroom serves as a serene retreat, offering picturesque views of the desert and mountains. The updated en-suite bath is a haven of luxury, featuring a walk-in closet with built-ins, a dual vanity with additional drawer space, and a linen closet for ample storage. Guest bedrooms are adorned with blackout shades, ensuring ultimate comfort and privacy. Throughout the home, ceramic Saltillo tile adds a touch of Arizona charm, enhancing the warm, inviting ambiance. The garage provides overhead storage, offering plenty of space for all your needs, ensuring your home remains organized and clutter-free. As a resident of the Canyon Preserve gated community, you'll enjoy access to the Mountain Bridge community center, where an array of fabulous amenities awaits. Delight in the pool, spa, tennis and pickleball courts, children's playground, fitness center, basketball courts, and a putting green, all designed to enrich your lifestyle. Discover the epitome of desert luxury in this beautifully updated home. Discover the unparalleled comfort, elegance, and breathtaking views that this exceptional property and community have to offer.

10142 E Trent Avenue Mesa, AZ 85212

$749,000
4 Beds
2.5 Baths
2,462 SqFt
Status Active Under Contract
MLS # 6759108
Property Type Single Family Residence
Price Type --
Stunning 4-Bedroom Toll Brothers Home with Pool & Spa - Turn-Key Perfection! Welcome to your dream home! This highly upgraded Toll Brothers masterpiece boasts 4 spacious bedrooms, 2.5 luxurious bathrooms and countless premium finishes. Dive into luxury with your heated pool and spa, perfect for year-round relaxation and entertainment. The backyard is an entertainer's dream with a fully landscaped oasis, extended patio, and built-in outdoor speakers ideal for hosting or simply unwinding. Inside, the open-concept living space features a built-in fireplace, setting a cozy ambiance, while built-in speakers deliver high-quality sound for an immersive entertainment experience both indoors and out. Garage is extended 7ft long for someone who needs that extra space! The extended 27ft garage offers ample space for oversized vehicles, storage, or a workshop. This home is truly turn-key ready, with everything from high-end upgrades to thoughtful design elements already in place. With its luxurious features and meticulous attention to detail, this is a rare opportunity to own a move-in ready gem that offers the best in comfort, style, and convenience. Set up your private tour today. This one won't last long!

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