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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3197 S Sonoma Street Flagstaff, AZ 86005

$730,000
3 Beds
3.5 Baths
2,160 SqFt
Status Active
MLS # 6765956
Property Type Townhouse
Price Type --
This townhome in Flagstaff is located in Pinnacle Pines. This townhome borders the greenbelt and offers a private fenced in backyard with turf and covered patio. As you enter the home you are greeted with a vaulted ceiling and natural light in great room with gas fireplace. The primary suite is located on the main level with shower, granite counters, dual vanity, and separate walk-in closet. Ton of kitchen cabinetry, gas stove, counter bar height seating plus eat in kitchen. Upstairs there are two bedrooms, and one is an ensuite. The laundry room is located on the upper level. This townhome also has AC. and is energy efficient with 2x6 walls. This home has been a short term rental. STR are allowed.

7056 N 85th Ave Avenue Glendale, AZ 85305

$730,000
6 Beds
4 Baths
3,848 SqFt
Status Active
MLS # 6771375
Property Type Single Family Residence
Price Type --
Welcome to this stunning home located in Glendale. This beautiful property is move-in ready and truly like a model home. Walk in to your grand entry with custom wrought-iron door. Featuring 6 bedrooms and 4 full bathrooms, and an upstairs loft. Home has tall 8foot doors and High ceilings. This two story floor plan is nothing like you've seen before. The bottom floor features a room with its own loft that can be used a guest suite. Two bedrooms upstairs share a jack and jill restroom. The chef's kitchen is a dream, complete with granite countertops, a decorative tile backsplash, grand island, and upgraded fixtures and faucets. Additionally, there is a butler's pantry w/ large walk-in pantry. The formal dining room is perfect for entertaining. Hurry and tour it before its gone!

15298 W Linden Street Goodyear, AZ 85338

$730,000
5 Beds
4 Baths
2,963 SqFt
Status Active
MLS # 6779941
Property Type Single Family Residence
Price Type --
Experience the allure of this beautiful 5 bed, 4 bath two-story home in Estrella Commons! Great curb appeal with veneer accent details, well-manicured landscape, travertine-front porch, and a 2-car garage w/paver driveway. Fabulous interior ''shouts'' attention to detail throughout! Neutral paint, chic light fixtures, archways, zebra blinds, and wood-look tile floors in all the right places are some features that can't be left unsaid. You'll surely love the formal dining room & the inviting living area w/fireplace! The open-concept kitchen boasts sleek SS appliances, granite counters, a subway tile backsplash, a walk-in pantry, wood cabinets w/crown molding, and a huge island w/two sinks & breakfast bar. The cozy nook is an added perk! One bedroom & one bathroom complete the downstairs. Upstairs, you'll find the other well-appointed bedrooms! Also including the loft that provides versatility. Enter the main bedroom to find a spotless ensuite with dual sinks, a separate tub/shower, & a walk-in closet. One secondary bedroom comes with plush carpet & plantation shutters. Laundry room with a sink & cabinetry. The backyard is your private retreat! A covered patio, well-laid travertine, Pergola, and artificial turf complete the picture. What's not to like? Pack your bags and move in!

4002 E Clarendon Avenue Phoenix, AZ 85018

$730,000
3 Beds
2 Baths
1,468 SqFt
Status Active
MLS # 6780574
Property Type Single Family Residence
Price Type --
Discover the charm of this fantastic 3-bed, 2-bath home nestled on a prime corner lot! Staring with a 1-car garage, RV gate, cozy front porch, and a lovely front yard w/artificial turf & ample open parking spaces. Be greeted by a formal living room with plantation shutters! Natural light filled the inviting interior, complemented by a designer palette and tile & wood-look floors t/out. The eat-in kitchen boasts SS appliances, tile counters & backsplash, and wood cabinetry w/crown molding. You'll love the bonus room, ideal for an office, reading nook, or storage! Large main bedroom has recessed lighting, two closets, and a private bathroom w/tiled shower. Outback, you have a grass area, fruit trees, and a covered patio w/extended pavers. Great Phoenix location! Don't miss this opportunity!

2323 N Central Avenue Unit 301 Phoenix, AZ 85004

$730,000
3 Beds
2 Baths
1,812 SqFt
Status Active
MLS # 6681477
Property Type Apartment
Price Type --
Owners offering seller credit for rate buy down, HOA fees or whatever Buyer(s) wish, so what are you waiting for? This unit is move in ready and priced to SELL! One of only a handful of 3 bedroom units and features floor-to-ceiling views with wrap-around balconies, this stunning home offers sweeping views of the valley from every room. This home features an updated & expanded kitchen with a large island, tons of cabinetry & wall ovens that would make Julia Child swoon. Primary bedroom features sweeping views of Camelback Mountain, walk-in closet & beautifully appointed bath. The 2 ancillary bedrooms are equally impressive & EACH feature tons of storage & direct balcony access! Wood-look tile throughout, this is the ultimate in easy living. Amenities galore, Regency is like living in a resort with heated pool, new gym, ROC Room and staff including 24/7 door personnel, porters, on-site manager and a full maintenance staff, too. Lock-and-leave lifestyle like no other, your taxes are also half off*. And the HOA covers AC, heat, water, sewer, trash, full staff, blanket insurance and more.

1283 E Saragosa Street Chandler, AZ 85225

$730,000
5 Beds
3 Baths
3,662 SqFt
Status Active
MLS # 6714405
Property Type Single Family Residence
Price Type --
Stunning upgraded Home with 5 bedroom plus large flex room. Beautiful entry, large formal living and dining with tile, stone and plantation shutters. Kitchen has Cherry cabinets , stone flooring and corian counters. Large family room w/ gas fireplace. Guest bedrooms, full bath downstairs. Amazing master suite on second floor. Private pool in spacious backyard. Beautiful Park Across the street.

5137 N 183rd Lane Litchfield Park, AZ 85340

$730,000
4 Beds
3 Baths
3,430 SqFt
Status Active
MLS # 6738557
Property Type Single Family Residence
Price Type --
Nestled in the beautiful Azure Canyon subdivision, this contemporary home was completed in October 2022 and boasts a thoughtfully designed open floor plan that prioritizes space and functionality. The inviting formal dining area is perfect for gatherings, while the kitchen features granite countertops, a gas cooktop, stainless steel appliances, and a spacious two walk-in pantries. With four well-appointed bedrooms, an office, and a flex den, this home offers ample room for family and guests. The primary suite serves as a serene retreat, complete with a luxurious bathroom featuring a free-standing tub, separate shower, and large walk-in closet. It's convenient location allows easy access to the I-10 and SR 303.

18925 S 211th Way Queen Creek, AZ 85142

$730,000
3 Beds
2.5 Baths
2,654 SqFt
Status Active
MLS # 6753009
Property Type Single Family Residence
Price Type --
The one you've been waiting for! Located in Queen Creek's prestigious Gateway Quarter neighborhood, this stunning residence has been meticulously maintained and shows just like a model home. A rare find on the ONLY oversized lot in the community! Stunning curb appeal with an upgraded Hill Country elevation, stacked stone accents, paver driveway, three-car split garage, and an inviting front porch. Step inside to discover a spacious floor plan adorned with high-end finishes and upgrades throughout. The gourmet kitchen is a chef's delight, featuring quartz countertops, tile backsplash, custom cabinets, stainless gas appliances, and a spacious island perfect for entertaining. The inviting living area offers an elegant design, abundance of natural light, and provides a seamless transition to the expansive backyard. Retreat to the luxurious owner's suite complete with a spa-like bathroom featuring dual vanities, a soaking tub, separate shower with rain showerhead, and a roomy walk-in closet. The additional bedrooms and den are split from the primary suite, offering privacy for family and guests. The outdoor space includes an extended covered patio, pavers, artificial turf, dog run, attached storage room, and plenty of room for a pool, garden, or whatever you desire. Other features include 10' ceilings, 8' doors, wood look tile throughout with carpet in the bedrooms, built-in surround sound, gorgeous lighting & ceiling fans, and a huge laundry room with a sink and built-in cabinets. This gorgeous home offers close proximity to top-rated schools, shopping, dining, and entertainment options. Don't miss out, see it today!

12961 N 151st Drive Surprise, AZ 85379

$730,000
4 Beds
3 Baths
3,541 SqFt
Status Active
MLS # 6756150
Property Type Single Family Residence
Price Type --
Discover the perfect blend of comfort and privacy in this stunning 4-bedroom, 3-bath home. Nestled on a huge corner lot with a lush greenbelt as your backdrop, this property offers unparalleled seclusion and beauty. Enjoy endless outdoor fun with your very own sport court and serene water feature, surrounded by vibrant landscaping. The private pool invites you to unwind in your own personal oasis. Whether entertaining guests or seeking quiet relaxation, this home provides everything you need for an exceptional lifestyle. Don't miss out on this unique opportunity to own a slice of paradise!

1023 E Canyon Street Apache Junction, AZ 85119

$730,000
3 Beds
2 Baths
2,094 SqFt
Status Active
MLS # 6766777
Property Type Single Family Residence
Price Type --
Looking for a new home? You've found it! This beautiful 3 bed, 2 bath residence sits on an oversized 1.25 acre lot w/fantastic mountain views & features a manicured desert landscape, 2 car garage, and an RV gate. Discover a spacious living area w/high ceilings, elegant wood-look flooring, and custom palette throughout. The eat-in kitchen is comprised of wood cabinetry w/crown moulding, a pantry, granite counters, built-in appliances, pendant lighting, and a peninsula w/a breakfast bar. End your busy day in the primary bedroom, boasting a walk-in closet and a private ensuite w/dual sinks for added convenience. Also including an expansive backyard w/a covered patio, this home is a true gem! Home is on its own well not shared. AC replaced in 2020, also water heater and soft water system.

1521 E Pinchot Avenue Phoenix, AZ 85014

$730,000
4 Beds
2 Baths
1,921 SqFt
Status Active
MLS # 6740360
Property Type Single Family Residence
Price Type --
Be excited to see this highly renovated single-story home in a great location! Excellent curb appeal w/a large front yard, captivating brick accents, a 2-car garage, & paver driveway. Fall in love w/the immaculately designed interior, highlighting a desirable open layout enhanced w/soaring vaulted ceilings, recessed & stylish light fixtures, gleaming tile floors, an accented wall, & abundant natural light. Chef's kitchen is fully equipped w/quartz counters, a mosaic tile backsplash, a plethora of white cabinetry, a pantry, & an island w/a breakfast bar. Find your sanctuary in the main suite, offering soft carpeting, a sophisticated ensuite w/a soaking tub, a step-in shower, dual sinks, & a walk-in closet. Out the back, you have an open patio ideal for fun BBQs. Hurry! It's move-in ready!

4242 E Montecito Avenue Phoenix, AZ 85018

$730,000 - 3Br/2Ba -  for Sale in Orange Grove Heights, Phoenix
Open House
$730,000
3 Beds
2 Baths
1,193 SqFt
Status Active
MLS # 6764626
Property Type Single Family Residence
Price Type --
Absolutely lovely Arcadia area jewel that has been renovated and absolutely turn key with upgraded features throughout and is a short distance from area hot spots. From the barn wood floors to the inviting greige interior color palette, this 3 bed 2 bath property boasts thoughtful touches like extra storage cabinets, custom closets organizers, mud room and inside laundry. The kitchen is complete with custom cabinets, stainless steel appliances granite counters and hammered copper sink . Beautiful park like backyard with jacuzzi to relax in and take in the view of Camelback Mtn, Large covered patio, RV gate and storage shed with electricity and built-in work bench!

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