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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1261 E Redwood Drive Chandler, AZ 85286

$689,900
5 Beds
2.5 Baths
2,890 SqFt
Status Active
MLS # 6760076
Property Type Single Family Residence
Price Type --
Absolutely Stunning 5 Bedroom + Loft, 2.5 Bathroom, Two Story Home Located on Premium Lot in Desired Lantana Ranch Community, End Lot Boarding Large HOA Green Belt, Formal Living & Dining Room, Open Kitchen w/Breakfast Bar, Appliances Included, Large Walk-In Pantry, Eat-In Kitchen Dining, Spacious Family Room, One Bedroom Downstairs, Upstairs is Master Bedroom w/Walk-In Closet, Master Bathroom w/Dual Sinks & Separate Tub & Shower, 3 Additional Bedrooms & Full Hall Bathroom, Roomy Upstairs Loft, Extended Backyard Covered Patio, Professionally Landscaped Front & Backyard, Sparkling Heated Pool, Newer Roof & A/C Units, 2 Car Garage w/Attached Cabinets, Come Check It Out!

3132 E Austin Drive Gilbert, AZ 85296

$689,900
3 Beds
2 Baths
1,974 SqFt
Status Active
MLS # 6767052
Property Type Single Family Residence
Price Type --
Shows like a model! 3-bedroom, plus den, 2-bathroom Maracay home in sought after Morrison Ranch and a great Gilbert location! Feels spacious with open floor plan, 10' high ceilings and 8' high doors throughout. Gorgeous 2022 complete kitchen remodel , quartz counters, large island, pantry, and stainless appliances. New flooring and baseboards in 2022. Built-ins in great rm and kids rm. Backyard is easy maintenance and comes with two raised garden/flower beds. Highly energy efficient with Low-E dual pane windows, SEER 14 A/C, dual thermostats, and natural gas water heater for low energy bills. Extended 2.5 car garage allows for large trucks to fit and gives extra storage. Great location near shops and restaurants! Multiple parks in the community including catch/release lake.

917 E Furness Drive Gilbert, AZ 85297

$689,900
4 Beds
2.5 Baths
2,104 SqFt
Status Active
MLS # 6776254
Property Type Single Family Residence
Price Type --
Discover this stunning 4-bedroom gem in Layton Lakes! 2 story home with 4 bedroom and 2.5 bath. Enjoy the great room with updated LVP floors that will lead you to the gorgeous kitchen with granite counter tops, new backsplash, spacious pantry and an Eat-in bar, matching SS Appliances, GAS Range & Dining Space. On the first floor you can also find a large laundry room and a half bath. Upstairs you will find 4 bedrooms, main bath with dual sinks. Primary Bath has Dual Vanity Sinks, Separate Walk-In Shower / Garden Tub & CUSTOM Master Closet with A LOT of storage space. The amazing backyard features built in BBQ, sparkling pool, artifical grass. perfect for enjoying outside entertaining! The community has tennis courts for residents only, Parks, Playgrounds & Walking path TOP Rated Schools, Dining & Shopping. Community Amenities!

7233 W Honeysuckle Drive Peoria, AZ 85383

$689,900
5 Beds
3 Baths
3,376 SqFt
Status Active
MLS # 6753210
Property Type Single Family Residence
Price Type --
SELLER TO LOOK AT ALL REASONABLE OFFERS* Priced to sell! HUGE 5 bedroom PLUS a very large game-room which is begging for a home theatre setup. Home feels so much larger than the already gigantic 3376 sqft it represents * Brand new high seer LENNOX ELITE dual AC compressors 2022 * Colossal country kitchen with separate island and staggered oversized uppers * Cavernous walk in Pantry! * Stone backsplash * Freshly cleaned carpets * Fresh complete interior paint Sept 2024 * Soaring ceilings! * Did I mention the 3 car garage or the sparkling pool with soothing rock waterfall? You'll see them PLUS one of the best locations in the entire neighborhood as it backs to wilderness, no neighbors behind! Split His/Her master closets!* All formal living/dining/famlyrms Original owners to

4016 W Estes Way Laveen, AZ 85339

$689,900
4 Beds
3 Baths
2,162 SqFt
Status Active
MLS # 6766661
Property Type Single Family Residence
Price Type --
This stunning 4-bedroom, 3-bathroom ranch-style home has been recently upgraded to combine modern living with timeless elegance. With a spacious 2,136 sqft floor plan, this home features a great room, programmable thermostat, and a smart home system for ultimate convenience. Sleek tile and soft carpet flooring, and energy-efficient low-e windows. The kitchen features a large island, elegant wood cabinetry, and refrigerator that conveys with the home. Additional cabinetry in the laundry room enhances storage. The backyard is a true oasis, featuring a newly installed custom pool and spa, turf, travertine, a gas hookup for the BBQ area, and a gas fire pit. With a 3-car garage, RV parking, and an epoxy-floored RV garage, this home is truly turn-key!

18956 N 264th Lane Buckeye, AZ 85396

$689,900 - 2Br/3Ba -  for Sale in Sun City Festival, Buckeye
Open House
$689,900
2 Beds
2.5 Baths
2,212 SqFt
Status Active
MLS # 6747772
Property Type Single Family Residence
Price Type --
Gorgeous, turn key, Refuge model, home by Del Webb 55+Active Community. Breathtaking, extended, backyard oasis offers a fully walled lot for privacy. Sunsets and White Tank Mountain views (partial) encourages regular gatherings with family and friends. Custom landscaping includes an inviting heated swimming pool with large waterfall feature, alumawood solid pergola covered gourmet outdoor kitchen, large gas fire pit, enclosed patio with ceiling fan. Home interior boasts $100,000+ in upgrades: custom tile flooring, Chef cabinet layout, granite counters throughout, designer closet in master with separate walk-in shower and soaking tub, open corner sliding glass patio door, expanded walk-in pantry, plantation shutters, and more. Fully owned, 35 solar panels. Stainless steel appliances.

12820 W La Vina Drive Sun City West, AZ 85375

$689,570
3 Beds
2.5 Baths
2,726 SqFt
Status Active
MLS # 6761504
Property Type Single Family Residence
Price Type --
The best value in Corte Bella! Throughout this beautiful home you will notice fresh interior paint, 10' ceilings, large windows with 2'' faux wood blinds & tile (no carpet). A/C units & water heater replaced in recent years. Whole house filtration system included. Highly upgraded kitchen offers 42'' upper cabinets, all lower cabinets have pull out shelves, Granite counter/backsplash, undercabinet lighting, kitchen island, gas stove, SS appliances & large walk in pantry. Master suite features 2 vanities, Large soaking tub, renovated roll in shower, water closet, large walk in closet & door that leads to the back patio. Oversized 2 car garage with 4' extension, built in cabinets & a separate golf cart garage. Backyard is fenced & private. Large covered patio with ceiling fans. Gutters along the front & back of the house. Custom metal security screen doors located in the front & back of the house. Mature landscaping & gas line ready for your BBQ. Corte Bella is a Private, Gated, 45+ Community located in Sun City West. Amenities include, tennis, bocce ball courts, pickleball, 18-hole golf course, community pool, full gym, spa, restaurant & bar. There are also many clubs & Interest Groups that meet at the clubhouse. Located near the 303 & fast growing North Peoria. You have anything you could need in in a close proximity. Owner/Agent.

4013 S Santa Rita Place Chandler, AZ 85249

$689,500
3 Beds
2 Baths
2,258 SqFt
Status Active
MLS # 6741310
Property Type Single Family Residence
Price Type --
Your wait is over. This single level home is tucked behind the gates of the charming community of Quail Springs in Chandler. Impeccably maintained by the original owner, this property features 3 bedrooms, an office, 2 bathrooms, and a 3 car garage. Situated on an ideal cul-de-sac lot with an extended driveway making it convenient for your guests. Meritage knocked it out of the park with this Truman floor plan. The eat-in kitchen offers so much space and opens to the great room and formal dining. This open concept is perfect for both entertaining and casual family living. The kitchen boasts upgraded cabinetry with crown moulding, granite counters, stainless appliances including a GAS range, and RO system. When you visit the home, take a moment to stand in the kitchen and look around. With the modern updated lighting along with the appealing design and styling of the space, you will think you are in a model home. You will enter the backyard here where you will appreciate the clean and low maintenance landscaping! Each of the bedrooms offer a peaceful vibe and sense of coziness. The primary bedroom overlooks the backyard and features a spa-like bath with dual sinks, a garden style tub and walk-in shower, and a spacious walk-in closet. The other bedrooms are ample in size and share a full size bath. The office makes a great work from home space! The laundry room is just off the garage and has cabinets to keep things organized and tidy. The color palette is neutral throughout. The updated lighting and plantation shutters add the finishing touches! The pride of ownership is unparalleled. Quail Springs is located close to great shopping, dining, easy freeway access and top ranked schools!

17078 W Fountain Hill Lane Yarnell, AZ 85362

$689,000
2 Beds
2 Baths
1,593 SqFt
Status Active
MLS # 6738294
Property Type Single Family Residence
Price Type --
This gorgeous luxury mountain cabin is located on 2 large view lots. Beautiful granite boulders sitting at 4800' elevation, Yarnell's climate presents all four seasons. This home has two bedrooms/2 bathrooms, with a media room, laundry room and built in gun safe. Large rustic beams, Custom metal ceiling tiles. Expansive outdoor living with this fantastic deck and patio. Large garden tub with views and a finished 2-car garage. Optional loft could be utilized for bedrooms or additional living space. This home is just off the County maintained asphalt road.

2562 N 169th Avenue Goodyear, AZ 85395

$689,000
2 Beds
2.5 Baths
1,933 SqFt
Status Active
MLS # 6732664
Property Type Single Family Residence
Price Type --
Welcome to your dream home nestled in the vibrant Pebble Creek Active Adult Community. This meticulously upgraded property offers a blend of luxury and functionality, tailored for the discerning homeowner. Step inside and admire the elegance of plank wood look tile flooring and coffered ceilings with crown molding, enhancing the spacious great room under 11-foot ceilings. Enjoy the convenience of smart led lighting throughout, alongside shutters and a custom shutter for the slider, providing both style and privacy. The heart of the home, the kitchen, boasts granite countertops, LED lighting, stainless steel appliances, and a large granite sink. Discover the joy of cooking with features like 42-inch upper cabinets, soft close drawers, pull-outs, and dual pantries including a walk-in. Additional enhancements include a reverse osmosis system and double drawer functionality, ensuring every culinary need is met. Relaxation awaits in the master suite, featuring upgraded carpeting and padding, added canned lights, and a doggie door for furry companions. The ensuite bathroom offers executive height double sinks, a step-in shower with tile surround and bench, and thoughtful extras like additional outlets and cabinets in the water closet. Entertain effortlessly in your landscaped backyard oasis, complete with travertine, synthetic turf, and LED lighting. Enjoy evenings by the gorgeouse fireplace or cooking on the built-in propane grill, while misters and high-speed outdoor fans keep you comfortable year-round. A covered patio with power shades, along with orange trees and a pony wall with lights and water features, create a perfect outdoor retreat. This home is not just beautiful but also efficient, with upgraded insulation, three-zone variable speed A/C, and smart garage features including epoxy floors and built-in cabinets. The property also includes upgraded 3 zone pvc irrigation, a Paver'd driveway, Lenovo lights, 2nd ensuite bedroom with upgraded carpeting and padding, convenient powder room, and gutter systems into the ground, ensuring every detail is meticulously maintained. Located in the sought-after Pebble Creek Active Adult Community, residents enjoy access to golf courses, pools, fitness centers, and a vibrant social calendar. Don't miss the chance to make this luxurious property your new home!

726 W Townley Avenue Phoenix, AZ 85021

$689,000
3 Beds
2 Baths
2,034 SqFt
Status Active
MLS # 6759811
Property Type Single Family Residence
Price Type --
Stunning Home in Seventh Avenue Estates - Discover this exceptional residence in the sought-after gated community of Seventh Avenue Estates. Dramatic 12-foot ceilings throughout, the open floor plan enhances the sense of space and light. The expansive split main bedroom features a luxurious bathroom with both a walk-in shower and a separate tub. Each bedroom offers generous walk-in closets, and plantation shutters add a touch of elegance. The gourmet kitchen is a chef's dream, showcasing extensive slide-out cabinets, granite countertops, and premium GE Profile appliances. The breakfast bar opens to the living room, which boasts a gas fireplace. A spacious dining area is ideal for hosting dinner parties. Enjoy the outdoors with two sets of French doors leading to a paver patio.

21037 E Via De Arboles -- Queen Creek, AZ 85142

$689,000
3 Beds
2 Baths
2,638 SqFt
Status Active
MLS # 6765860
Property Type Single Family Residence
Price Type --
Best Value Home in Hastings Farms, Queen Creek! This beautifully maintained single-story home is a must-see, featuring numerous upgrades including new variable-speed Lennox A/C units, a new water softener, and a tankless water heater. With 2,638 sq ft of living space and an expansive lot. the home offers 3 bedrooms, a den, and 2 full bathrooms, all on one level with no steps. The 3-car garage provides ample storage, while the resort-style backyard boasts a sparkling pool and a lush grassy area. Built in 2012, this home offers both comfort and convenience in the heart of Hastings Farms. This stunning, move-in ready home offers all the premium features you'd expect from a quality William Lyon build. Enjoy 10' ceilings, 8' interior doors, and a rolling glass wall. The gourmet kitchen boasts granite countertops and stainless steel appliances. Bathrooms feature quartz countertops and double sinks. Custom blinds and ceiling fans are installed throughout. Outside, relax by the south-facing, solar thermal heated pool with a water feature, perfect for extending your swimming season. Additional upgrades include under-cabinet drawers and lighting, surround sound, security system, and patio speaker pre-wires. Located on a cul-de-sac. Welcome home!

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