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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8826 E Cortez Street Scottsdale, AZ 85260

$699,000
4 Beds
2 Baths
1,802 SqFt
Status Active
MLS # 6774187
Property Type Single Family Residence
Price Type --
Fantastic home in a great Scottsdale location! Its charm starts with a 2-car garage, stone accent details, & low maintenance landscape. Home exudes sophistication with vaulted ceilings, abundant natural light, designer paint, and tasteful flooring - carpet & wood-look. Discover a spacious living & dining room combo and a separate family room w/fireplace! The kitchen boasts built-in appliances, granite counters, recessed lighting, ample wood cabinetry, and a breakfast bar. The double-door main bedroom has a walk-in closet & a private bathroom. One bedroom can be an office as well. Moving outdoors, tranquility awaits in the large backyard! It features a covered patio, extended pavers, grassy area, fruit trees, and a fenced area that can be a dog run. Easy 101 Fwy access! GREAT HOME!

2858 E Shannon Street Gilbert, AZ 85295

$699,000
4 Beds
3.5 Baths
3,308 SqFt
Status Active
MLS # 6777166
Property Type Single Family Residence
Price Type --
This immaculate 4-bedroom home is impressive! The welcoming porch is perfect for enjoying your morning coffee. A stunning interior offers plantation shutters, tile and carpet flooring, custom paint, and gorgeous light fixtures. Enjoy entertaining in the formal dining room, spacious den, or cozy family room with a stone-accent wall & fireplace! The chef's kitchen offers stainless appliances, granite counters & backsplash, walk-in pantry, an island w/breakfast bar, and oak cabinets. Upstairs, you will find two primary bedrooms and a huge loft. The owner's suite features a bathroom with a separate tub/shower, dual sinks, & a spacious walk-in closet with two entries. The second main bedroom has a walk-in closet & a private bath. The serene backyard offers a covered patio, grilling station & tranquil pool. The massive 4-car tandem garage features built-in cabinets for extra storage! This move-in-ready gem is for you!

433 Perry Street Prescott, AZ 86303

$699,000
4 Beds
3 Baths
2,842 SqFt
Status Active
MLS # 6775022
Property Type Single Family Residence
Price Type --
Vintage charm with modern upgrades blend beautifully in this solid 1959 home a short 10 minute walk to shops, restaurants, bars and special events on Courthouse Square in historic downtown Prescott. Main level features open concept living and dining with cool modern lighting, fresh white kitchen with stainless appliances and loads of storage, primary suite with updated bath with on-trend black and white tile in bath, junior master suite plus two bedrooms with shared bath, private rear deck surrounded by tall shade trees. Lower level has a large family room, workshop and two car garage. Close to Dignity Health, Yavapai College, VA campus, public and charter schools, National Forest trails for hiking and biking. Enjoy the Prescott lifestyle in the heart of the Country Club neighborhood.

4092 E Appaloosa Road Gilbert, AZ 85296

$699,000
5 Beds
3 Baths
1,951 SqFt
Status Active
MLS # 6778528
Property Type Single Family Residence
Price Type --
Welcome to your new home located in the beautiful community of Warner Meadows! This home has been barely lived in and is highly upgraded! Kitchen boasts bright white cabinets, quartz countertops, stainless steel appliances and pendant lighting. Large tile plank floors throughout the entire home, no carpets! Ceiling fans and window coverings in every room! Outdoor living is abundant in your professionally designed backyard complete with fire pit surrounded by custom seating, Pergola with lighting, faux grass, plush landscape and pavers. Arguably one of the best lots in the community. This North / South CORNER lot backs to common area for extra privacy. Warner Meadows has a stunning community center with heated play pool, BBQ's, entertaining areas, bathrooms, parks and walking paths.

15856 N 76th Avenue Peoria, AZ 85382

$699,000
4 Beds
2.5 Baths
3,201 SqFt
Status Active
MLS # 6779240
Property Type Single Family Residence
Price Type --
Gorgeous home w/a tandem 3-car garage in highly desirable Tierra Buena Community close to freeways, shopping and great Peoria schools! Thoughtfully designed this rare gem is packed w/features you will love. Inviting living/dining room & open great room for entertaining. Spacious kitchen boasts abundant espresso cabinetry, SS appliances, butler's service area w/ walkin pantry, an island w/a breakfast bar, gas cooking, granite counters. Huge loft ideal for a TV/Game room. Main retreat is truly impressive, plush carpet, sitting room/bed 5, an ensuite w/dual sinks, & a walk-in closet., and stunning super shower! Completely remodeled backyard over $20k update has travertine and turf w/a covered patio great for alfresco dining enjoying peaceful moments outside. Newer Carpet, appliances&fans!

30240 N 60th Street Cave Creek, AZ 85331

$699,000
3 Beds
2 Baths
1,569 SqFt
Status Active
MLS # 6780923
Property Type Single Family Residence
Price Type --
Move-in ready custom remodeled home on over 1 acre with all city amenities nearby. All finishings were chosen with children in mind. 24'' porcelain tile with epoxy grout throughout for easy cleaning, reinforced framing to withstand future roughhousing kids or large pets, and an outdoor shower for easy cleanup. The fully custom kitchen has maple cabinets, granite countertops, stainless steel appliances, vented range hood, granite composite sink, and reverse osmosis system plumbed to the fridge. The house has all new fans and light fixtures, venetian bronze throughout, and dual sinks in both bathrooms. The oversized laundry room has enough space for a fridge, chest freezer, or shelves. Energy-efficient upgrades include hybrid water heater, owned solar system, and insulating cellular shades. Whole-house water softener, new AC 2020, new septic 2023. Designed with storage in mind, including a walk-in linen closet, his-and-hers closets in the master, and pull-out drawers in the kitchen cabinets. The house has two large covered patios to provide shade at all hours. Enjoy the mature saguaros and the sound of trickling water from the nearby wet-weather wash. With no flood plain, there is plenty of room to build your horse facilities, workshop, or detached garage. County island with no restrictions and low taxes. No HOA. Bring your horses, RVs, toys, and dreams!

10063 E Calle De Cielo Circle Scottsdale, AZ 85258

$699,000
2 Beds
2 Baths
1,603 SqFt
Status Active Under Contract
MLS # 6767477
Property Type Single Family Residence
Price Type --
This delightful home boasts an open floorlplan that's bright & cheerful! As you step inside you will be greated by vaulted ceilings creating an airy spacious feel. 2 bedrooms + a den, a versatile space that could be an office or cozy retreat. A generous formal dining rm.. spacious living rm w/ FP & wet bar, sliding glass doors that open to to the back yd. patio area, allowing for expanded indoor/outdoor living entertaining. The kitchen is both functional & inviting complete w/a breakfast area for casual meals or morning coffee. and picture window to view the backyd. Step outside to the patio(s) Low maintainenance landscape, fruit trees and pavers, its a serene escape. This home is steps away from the community pool, offering a cool dip during the warm AZ. days. (Please click more) If quality of life is what you have been searching for, then this is it! Scottsdale Ranch has so much to offer! Restaurants, community events, 42 acre lake, 40 different neighborhoods, walking paths, bike trails, holiday boat parade, many groups and clubs, convenient to the 101. And SO much more!!!!

17313 E Woolsey Way Rio Verde, AZ 85263

$699,000
2 Beds
2 Baths
1,543 SqFt
Status Active Under Contract
MLS # 6771624
Property Type Single Family Residence
Price Type --
SPECTACULAR HOME at VERDE RIVER GOLF AND SOCIAL CLUB. New condition and ready for you to enjoy the Arizona lifestyle! Beat cold winters in the warm desert sun near Tonto NF. This open floorplan is designed for entertaining; Gourmet kitchen, upgraded cabinets, leather finished granite counters, gas range, spacious island, pantry, workspace with desk; Well-designed great room with 15' multi-sliding doors that opens to a beautiful backyard with spacious patio, firepit and BBQ; Master suite with luxurious bathroom, large walk-in closet and Guest bedroom; Plus, upgraded 8 ft doors, upgraded tile flooring, central vac, spacious laundry; beautiful front porch, 2 car garage with epoxy flooring, great room shades, water softener, reverse osmosis system, circulating hot water, 250 gal propane tank. Experience Trilogy at Verde River, a stunning resort style community nestled against the beautiful Tonto National Forest. The amenities at Verde River are spectacular. The Community boasts an 18-hole Championship Golf Course with a picturesque driving range, putting green, and separate chipping/pitching practice areas. One visit and you will understand why the PGA Southwest Section selected Verde River Golf & Social Club to host the AZ Senior Open and AZ Match Play Championships in 2020, 2021 and 2022. The active lifestyle amenities continue with pickle ball and tennis courts, with Clubs designed for social or competitive play. Adjacent to the sport courts for your convenience are bocce ball courts and an open grass area for social gatherings. The Community Clubhouse is all encompassing including a critically acclaimed restaurant, Needle Rock Kitchen and Tap, with a hugely popular wine and beverage program, Helen's Kitchen, a chef's inspired kitchen designed for cooking classes, and The Market Place, a favorite of member's for grabbing a morning coffee or picking up a forgotten grocery item. Love the Arts? Spend time at the Art Loft, where classes are offered in a variety of disciplines. The Clubhouse has an Events Center, designed to manage the needs on any member event. Attached to the Community Clubhouse is Alvea Spa, complete with Spa and Salon services, and Afterburn Fitness, a state-of-the-art workout facility that offers a variety of group fitness classes. Following your workout, enjoy convenient locker room facilities, and steam rooms. Just steps away from the Clubhouse in the Resort Pool, Lap Pool, and Sauna, all of which are heated. Enjoy the view, with food and beverages at Eddy's Poolside. Have a dog? Experience a dog-friendly community with a 7.5-acre dog park, with canopy shading coming soon for those warm AZ days. Trilogy at Verde River's location provides residents with the tranquility of the Tonto National Forest and the convenience of a short drive to the heart of North Scottsdale. Get the best of both worlds and see why you could be calling the Community, Home!

29655 S State Route 89 -- Congress, AZ 85332

$699,000
2 Beds
2 Baths
1,912 SqFt
Status Active Under Contract
MLS # 6775959
Property Type Single Family Residence
Price Type --
Views like this don't come around very often! This charming, meticulously maintained 2 bed, 2 bath home has only had one owner and is for sale for the first time in 28 years. This home is custom built and features an inviting open layout ideal for entertaining and day to day living. With a dedicated office space, it's perfectly suited for working from home or just enjoying a quiet workspace. Start your mornings on the back deck savoring your coffee as the sun rises over the breathtaking views of the Bradshaw Mountains. With a 4 stall mare motel, a round pen, a riding arena and 2 large turnouts, this property has everything you want. It's close to state land and easy to ride out from. Don't wait to see this one! This is more than a home, it's a way of life.

23314 N Pedregosa Drive Sun City West, AZ 85375

$699,000
3 Beds
3 Baths
1,904 SqFt
Status Active
MLS # 6775966
Property Type Single Family Residence
Price Type --
WELCOME HOME to this incredible Corte Bella Country Club golf course home with GORGEOUS mountain views! Located on the 6th Green of the Golf Course, this San Marco home with casita is truly one of a kind and offers some of the best views in the community. The large lot and beautiful curb appeal greet you upon arrival and lead you into a large private courtyard. Inside the home, you'll find gorgeous tile floors flow throughout, tall ceilings & wonderful architectural features with a perfect open concept floor plan. Designer details have been added throughout to elevate the home. An extended garage provides excellent storage and beautiful patio spaces maximize the outdoor living within this incredible location where you can enjoy Corte Bella's resort style living with amazing amenities!

20219 S 229th Way Queen Creek, AZ 85142

$699,000
4 Beds
3 Baths
2,717 SqFt
Status Active Under Contract
MLS # 6698529
Property Type Single Family Residence
Price Type --
$120+k of upgrades/options. Welcome to Barney Farms! A coveted Queen Creek resort style community. Enjoy sparkling lakes for kayaking, an aquatic center, fishing, sport courts, pickleball, miles of trails with scenic views, a world class playground, & a social clubhouse. This single level home was designed with sophistication & comfort in mind. The heart of the home includes an impressive gourmet kitchen with upgraded stacked, soft close cabinets, crown molding, 6cm quartz counters, tile backsplash, & chiller with full extension racks. Wood plank tile flooring. A dream owner's suite bath includes a floating vanity & spa shower with rain faucet. Designer tile flooring, custom framed mirrors at guest baths Built with energy efficient features throughout. Features list under document tab. Barney Farms includes lakes for catch & release fishing & Kayaking/boating, community pools, pickle ball, bocce ball, cornhole, basketball, clubhouse & playgrounds. Ramadas & BBQ grills for social gatherings. Events & activities are planned throughout the year by CCMC, a premiere lifestyle HOA. Be sure to visit the Barney Farms Barn clubhouse and Aquatic Center with community pools that include a leisure pool, splash pad, sport & lap pools. Be WOWed by the beautifully manicured tree-lined streets and resort-feel throughout the community. This active community has several monthly events for meeting neighbors. A few community events include Halloween Trunk-or-Treats, Fall Festivals, Santa visits, Easter Egg hunts, Spring & Fall Festivals, neighborhood potlucks & socials, bike & boat parades, live music events and so much more. Welcome Home!

160 N Forgeus Avenue Tucson, AZ 85716

$699,000
3 Beds
2 Baths
1,840 SqFt
Status Active
MLS # 6781329
Property Type Single Family Residence
Price Type --
Prestigious Sam Hughes Neighborhood in a limited 9 lot home community on Forgues Ave. This 2 story, 3bedroom, 2 bath home is located in the heart of Sam Hughe walking distance to Sam Hughes Elementary and even the old Rincon Market now as Floras Market Run. This house is on a grass community with mature trees cared by the HOA. All Garages are in the back of the homes allowing great curb appeal. This home has only been owed by one family. Large living room with built in entertainment area. The down stairs has a step down to living room area from entry. Step down to hallway to bathroom and 2 bedrooms. Stairway upstairs for split master bedroom private with master bath. Roman jacuzzi bath tub, pedestal sinks, separate shower. Shower and toilet room separate room for privacy. Large walk-in... closet. One downstairs bedroom extra storage space above closet 3-4 feet high. Vaulted ceilings. A separate laundry room, 2 car garage entry from laundry area. Kitchen with eat in area and built in ovens. Back yard enclosed with jacuzzi and grass area. Home needs a little TLC and updating. Neighborhood rare to find a home for sale! See private remarks regarding access, notices. DO NOT DISTURB as elderly resident! All offers are being reviewed in 30 days. No EXCEPTIONS. All offers reviewed with proof of funds. Upon approval, walk through available. Offers accepted with 2 additional back ups.

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