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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21278 W Glen Street Buckeye, AZ 85396

$685,000
3 Beds
2.5 Baths
2,868 SqFt
Status Active
MLS # 6747942
Property Type Single Family Residence
Price Type --
Welcome to your dream home in the serene Main Street District of Verrado! This beautifully crafted 3-bedroom, 2.5-bath residence offers a perfect blend of luxury and comfort, capturing the essence of desert living. This home boasts exceptional curb appeal with its charming front porch, elegant courtyard entry, brick-paved driveway leading to the front door, and a freshly painted exterior (2024). The open-concept design is ideal for entertaining, featuring a separate formal dining area and a versatile flex space that seamlessly flows into the great room and kitchen area. The kitchen boasts stainless steel appliances, including a double oven, quartz countertops, 42' espresso cabinets, a large walk-in pantry, and a butler's pantry. The spacious primary suite is a true retreat with... gorgeous mountain views and a large bath that includes a separate tub and benched shower, dual vanities, a private water closet, and a large walk-in closet. The home also offers an office space/teen room and two additional bedrooms each with walk-in closets, along with upper and lower cabinets in the laundry room for added storage. Enjoy breathtaking sunsets from your own backyard, perfect for indoor/outdoor Arizona living, with extended pavers off the patio, citrus trees, grass, and easy-maintenance gravel throughout the oversized 10,258 sq. ft. lot. Additional features include 10-ft ceilings, 8-ft doors, tile flooring in all the right areas, ceiling fans and 2 wood blinds throughout, new AC unit (2022), and a new water heater (2024). Original Homeowners. The home is prewired for outdoor speakers on the back patio. The 3-car tandem garage comes with a 1-year-old AC unit for your comfort while working on hobbies. Built by Meritage, this house is highly energy-efficient, featuring tinted UV-protected windows, climate-sealed foam insulation, and 2x6 construction. Stroll down to Main Street and enjoy all the small-town charm it has to offer with easy access to grocery shopping, restaurants, golf courses, schools, and a recreation facility. Don't miss this exceptional opportunity to make this luxurious home yours!

20928 W Wycliff Court Buckeye, AZ 85396

$685,000
4 Beds
4.5 Baths
3,258 SqFt
Status Active
MLS # 6743683
Property Type Single Family Residence
Price Type --
Look no further! This fantastic 4 bed, 4.5 bath residence now on the market is for you! Boasting great curb appeal, a low-care landscape, and a 3 car tandem garage! Inside you will find a sizeable living area and formal dining room w/graceful archways and soft carpet in all the right places. Continue into the cozy family room boasting plantation shutters and a custom palette. The luxurious kitchen is equipped w/everything the aspiring chef needs, staggered cabinetry w/crown moulding, a butler's pantry, granite counters, stainless steel appliances, recessed lighting, and an island complete w/a breakfast bar. The primary bedroom is a true retreat, boasting a walk-in closet and a full ensuite w/dual vanities & a garden tub. Don't forget about the cozy loft, ideal for an entertainment center. Finally, the wonderful backyard includes a covered patio, extended paver seating area, artificial turf, and a sparkling blue pool perfect for the warm summer days! What are you waiting for? Act now!

48031 N 7th Avenue New River, AZ 85087

$685,000
3 Beds
2.5 Baths
2,321 SqFt
Status Active
MLS # 6744689
Property Type Single Family Residence
Price Type --
Sante Fe Style Home with Mountain and Desert Views in New River, Arizona. This thoughtfully designed 3-bedroom plus office residence offers an inviting open floor plan. Nestled on a 1.25-acre lot, this property has views of the surrounding mountains and desert. As you step inside, you'll be greeted by natural light that highlights the living areas. The recently installed new shutters throughout the house allow you to control the amount of sunlight. The kitchen flows effortlessly into the dining room and family room. Outside, the 1.254 acre lot presents endless possibilities, including the potential to create your own horse property. The property is complemented by a 4-car garage.

2531 W Josselyn Drive Flagstaff, AZ 86001

$685,000
4 Beds
3 Baths
2,332 SqFt
Status Active
MLS # 6749986
Property Type Townhouse
Price Type --
Welcome to your retreat in the pines and escape the heat. This stunning 4-bedroom, 3-bathroom home is pristine with 2332 square feet of contemporary living space in a serene setting. Short term rentals are permitted in the neighborhood. Buyer to verify. The gas fireplace in the spacious living area creates a warm and inviting atmosphere. The heart of the home is the open kitchen with beautiful white cabinets and granite countertops, offering both functionality and style. Many upgrades including soft close cabinets, stainless steel appliances, and a walk in pantry make this an impressive entertaining space. One bedroom and full bathroom on the main level, with 3 more bedrooms and an expansive loft upstairs, offers ample space for the entire family and guests. The primary bedroom is a true sanctuary with a private balcony with breathtaking views of the Peaks. This home is immaculate and perfect for full-time living, seasonal escapes or short-term rentals. Nearby hiking trails, shopping, close proximity to NAU and all that Flagstaff offers.

3738 N 12th Street Phoenix, AZ 85014

$685,000
3 Beds
3.5 Baths
1,824 SqFt
Status Active
MLS # 6756890
Property Type Single Family Residence
Price Type --
Welcome to this beautifully remodeled adobe home, originally built in 1938. Located in Idylwilde Park. With 1,824 square feet of thoughtfully designed living space, this residence features an open floor plan with stunning wood floors. The gourmet kitchen, with Quartz countertops and a large island, flows effortlessly into the living room, it's perfect for Entertaining. At the center of the home is a peaceful courtyard, bringing the outdoors in with a unique hallway of windows and doors that allows for plenty of natural light. The home boasts 3 en-suite Bedrooms and a Powder room providing plenty of comfort and privacy. Your Primary en-Suite Bedroom features a Spa-Like bathroom, and walk-in Closet. A two-car garage and direct access to a private community park and pool is just out back.

538 N 74th Street Scottsdale, AZ 85257

$685,000
4 Beds
2 Baths
1,882 SqFt
Status Active
MLS # 6753424
Property Type Single Family Residence
Price Type --
Stunning fully remodeled home located in a highly desirable neighborhood in Scottsdale and NO HOA! This house boasts an open concept design blended with modern luxury. The kitchen features high-end stainless-steel appliances, quartz countertops, custom cabinetry and a spacious island. With all new flooring, fixtures, and finishes throughout, this home is move-in ready. The home's exterior has a custom designed yard. Located just minutes from Scottsdale's shopping, dining, and entertainment.

10228 E Broadway Road Mesa, AZ 85208

$685,000
4 Beds
2.5 Baths
3,709 SqFt
Status Active
MLS # 6757280
Property Type Single Family Residence
Price Type --
Beautiful 4 bedroom 2 bath, semi-custom home in East Mesa. No HOA, great house for a big family multi-family possibilities, mature citrus trees, front yard was just done with synthetic grass. 2 bedroom 1 bath apartment or mother in-law suit,(it's not permitted,) Patio was enclosed to a extra family room with 740 SF. sparkling pool for the hot summers, huge lot with gazebo to entertain family and friends. Newly remodeled, new paint inside and out, new porcelain tile flooring no carpet. The master bedroom closets are beautiful, RV gate and more. Come and take a look, your clients won't be disappointed...PRICED Reduction!L...SHOW AND LEAVE A BUSINESS CARD......SELLER IS VERY MOTIVATED. ***$10k towards fencing for front of the home***

42715 N Courage Trail Anthem, AZ 85086

$685,000
3 Beds
2 Baths
2,458 SqFt
Status Active
MLS # 6777081
Property Type Single Family Residence
Price Type --
You will be blown away by the stunning Anthem property located in Anthem Parkside. This former model home has 3 bedrooms 2 bathrooms, a separate den/office and a great room! This home sits on a 10,000 sqft lot with a 3 car garage. The kitchen has ample amounts of storage and opens up to the living room where you can relax and get cozy by the fireplace. The master bathroom has dual sinks, walk in closet, garden tub and shower. The backyard is equipped with everything you need to entertain in the extremely inviting oasis. Enjoy the Bullfrog Hot Tub under the stars while your chef created master piece cooks in the wood fire pizza oven. To top off a lovely evening serve up a slice of pizza under the pergola while staying warm by the fire pit to create a unique dining experience

2213 W Virgil Drive San Tan Valley, AZ 85144

$685,000 - 3Br/2Ba -  for Sale in Chandler Heights Ranches Unit Iii, San Tan Valley
Open House
$685,000
3 Beds
2 Baths
1,870 SqFt
Status Active
MLS # 6707507
Property Type Single Family Residence
Price Type --
Bordering the picturesque backdrop of San Tan State Park, this Arizona oasis offers a harmonious blend of luxury and natural beauty. Breathtaking views and sunsets can be seen unobstructed by other homes and properties not only from the spacious back patio, but also through the living room bay window and gourmet kitchen. The kitchen features an oversized island that opens to the living room and tall, warm wood cabinets complete with crown molding, soft close doors and drawers, topped with premium granite countertops. Sheltered beneath a steel 60 ft x 24 ft, 5 stall vehicle shade, your vehicles will find relief from the Arizona sun and can accommodate not only cars, but also trailers, equipment, horses or any other outdoor items. Buyer to verify all material facts and measurements. The garage is not just a storage space; it's a well-equipped workshop, featuring insulated walls, a dedicated mini-split system that provides 648 square feet of air-conditioned space, 220v DeWalt air compressor with metered compressed airline connections, and a 200-amp subpanel with multiple 220v outlets for heavy duty equipment. The main bedroom serves as a private retreat, with a convenient door leading to the back patio. While the main bathroom offers a spa-like experience with a walk-in shower with elegant tile work from floor to ceiling, a private lavatory and walk-in closet. The additional bedrooms are oversized which can easily accommodate a king-sized bed with plenty of space for other large furniture. The back patio can be accessed from the leaving room leading to fenced backyard with a spanning with ample space for outdoor activities and relaxation. Adjacent to it lies a generous fenced side yard complemented by a shaded chicken coop measuring 20 ft x 10 ft with 8 nesting boxes. This property is more than just a home; it's a sanctuary where luxury meets functionality and natural beauty.

682 E Coho Drive San Tan Valley, AZ 85140

$684,990
4 Beds
3 Baths
2,513 SqFt
Status Active
MLS # 6768788
Property Type Single Family Residence
Price Type --
Estimated completion November 2024! - Welcome to Edgewood Estates! This stunning home features the popular Belfast plan, offering 4 bedrooms and 3 bathrooms. The interior boasts beautifully designed Loft-inspired selections, including a chef's kitchen with sleek white cabinets, stylish floating shelves, sparkling white quartz countertops, and a spacious island. The great room, with its vaulted ceiling, creates a perfect space for relaxation or entertaining. The private primary suite provides a serene retreat, complete with a spa-like bathroom and a large walk-in closet. Additionally, this home includes an Extra Suite Plus with a private entrance, perfect for multi-generational living or offering guests maximum comfort and privacy. Homes have been significantly discounted and have the option of short/long term interest rate buydowns when choosing our preferred Lender. Additional eligibility and limited time restrictions apply.

25940 N 22nd Lane Phoenix, AZ 85085

$684,990 - 4Br/3Ba -  for Sale in Union Park At Norterra, Phoenix
New
$684,990
4 Beds
3 Baths
2,618 SqFt
Status Active
MLS # 6779633
Property Type Single Family Residence
Price Type --
Welcome to this beautifully designed Pinnacle plan, offering 2,618 square feet of luxurious living space. With its charming Spanish exterior elevation and inviting covered entry paved with elegant pavers, this home is designed for both style and comfort. The heart of this home is the stunning kitchen, featuring stainless steel GE appliances, including an under-cabinet hood, built-in gas cooktop with five burners, and a built-in wall oven and microwave with a sleek trim kit. The kitchen is a chef's dream with charcoal stained shaker cabinetry all accented by stylish square satin nickel cabinet hardware. The 42'' upper cabinets and 3'' crown molding perfectly complement the kitchen which showcases beautiful Carrara Breeze quartz countertops, adorned with delicate veining, and a contemporary marble mosaic backsplash. The large single basin stainless steel sink, paired with a Moen Align spot resistant stainless kitchen faucet, adds both functionality and style. Retreat to the luxurious bathrooms featuring white cultured marble countertops with rectangular sinks and Moen Eva brushed nickel 8 widespread faucets. Upgraded Melrose brushed nickel vanity lights illuminate your space. The Dal Tile Hill HOuse 6x36 wood look tile flows seamlessly throughout the downstairs and into bath 2 and the laundry room upstairs. The primary bathroom showcases elegant 12x24 Bianco Carrara Matte tile, providing a spa-like experience. Upstairs, a tasteful paint grade mission stair rail enhances the home's character and is complimented by plush Shaw Kennfield carpet in the shade Ecru adds warmth and comfort, all trimmed with upgraded 4 ¼ baseboards. Throughout, the 8' interior doors adorned with satin nickel hardware throughout, adding a touch of sophistication. The side yard is perfect for entertaining, featuring a convenient gas stub for a BBQ, making outdoor gatherings a breeze. This home also includes a soft water loop for added convenience. Located in Union Park at Norterra this home offers not just a living space, but a lifestyle. Don't miss the opportunity to make this your forever home and experience the epitome of urban meets suburban living! Tree-lined streets, pedestrian-friendly sidewalks and a 5,500 square foot recreation center with resort style pool an kiddie pool, shaded ramadas, parks, gathering areas, pickleball courts and basketball. Close to I-17, 101 and 303. Walking distance to restaurants, movies, entertainment, and shopping.

18950 W Ocotillo Road Waddell, AZ 85355

$684,990
4 Beds
3 Baths
2,623 SqFt
Status Active
MLS # 6739881
Property Type Single Family Residence
Price Type --
Topaz floor plan with 4 bedrooms + study, 3 baths. Large multi slide door off the great room and leads out to the extended covered patio. Pavers at drive, walk and entry. Stainless steel 36'' gas cooktop, wall oven, micro, canopy hood. Sonoma Maple Slate (gray) cabinets with pull out trash drawer, 42'' kitchen uppers, and stainless steel under mount single bowl kitchen sink. Himalaya white granite countertops in kitchen and owner's bath. 8' tall interior doors. Upgrade flooring includes EMS Novales 12x24 Astra tile in all areas of the home except beds/closets. 5'' baseboards and 3 1/4 door casings throughout. Dual sinks at bath 2, 8' tall garage door with two controls, garage service door for easy access into the backyard and so much more. Completion in September.

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