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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11118 W Cumberland Drive Sun City, AZ 85351

$675,000
3 Beds
2.5 Baths
2,136 SqFt
Status Active
MLS # 6749404
Property Type Single Family Residence
Price Type --
Large home on an acre lot in Sun City. This area is a favorite of car collectors and home workshop enthusiasts. Solar is owned, owner just paid it off. The home features vaulted ceilings, a formal living room, spacious family and dining rooms. Three large bedrooms. The free standing garage measures 38'X25' and features a work sink and half bath. Perfect man or lady cave! The extra long attached garage measures 29'X24'. Best investment in the area!

15044 N Calle Del Prado -- Fountain Hills, AZ 85268

$675,000
3 Beds
2 Baths
1,653 SqFt
Status Active
MLS # 6767549
Property Type Single Family Residence
Price Type --
This modern home has a split floor plan with fireplace, tile floors, large great room with vaulted ceilings, modern kitchen, counter seating, large built-in pantry and separate laundry room. The primary bedroom has a separate office space/sitting room with large window. The primary bath ensuite has been updated with free standing luxury tub, round glass shower and vanity with double sinks. Located on one of the largest lots in the area, it is about 1/3 acre, completely walled in with a 12' wide RV gate, a stucco storage building 12x12, with additional covered area for boat storage or RV parking. The expansive back yard has a back gate to wash/greenbelt behind property which provides privacy and no homes directly behind you. Room to build private backyard oasis. Owner related to agent.

4350 E Abraham Lane Phoenix, AZ 85050

$675,000
3 Beds
2 Baths
1,661 SqFt
Status Active
MLS # 6758239
Property Type Single Family Residence
Price Type --
PRICED TO SELL.... Perfect home in Desert Ridge. This well maintained home has open concept kitchen living room space, vaulted ceilings, updated kitchen with stainless steel appliances, backyard features low maintenance artificial turf and kids play ground that conveys with the home. If you want location then this is the home for you.

6814 Golden Tree Drive Prescott, AZ 86305

$675,000
3 Beds
2 Baths
2,146 SqFt
Status Active
MLS # 6785971
Property Type Single Family Residence
Price Type --
Experience modern elegance in this better-than-new ''Silverton'' floorplan home, ideally situated on a cul-de-sac in the sought-after Deep Well Ranch neighborhood. Built in 2021, this property boasts the highest-level upgrades offered by the builder, from stylish cabinetry to premium flooring to the highly upgraded great room with built-in gas fireplace. Its outstanding curb appeal is enhanced by professionally landscaped front and backyards, setting it apart from neighboring homes. Step inside and be greeted by stunning wood-look tile floors that flow seamlessly throughout the open and inviting living spaces. The expansive, extended great room is a true showstopper, filled with natural light from the 3-panel sliding glass doors providing views of the backyard. The heart of the home, the kitchen, has been thoughtfully designed for both functionality and entertaining. A large granite island takes center stage, complemented by an Energy-Star stainless steel appliance suite featuring a 5-burner gas range, built-in microwave, and dishwasher. A glass tile backsplash, walk-in pantry, and upgraded finishes create a chef's dream kitchen. The luxurious owner's suite offers a private retreat with its own backyard access. The ensuite bathroom rivals a spa, featuring a walk-in shower, a separate soaking tub, dual vanities, and a spacious walk-in closet. A versatile office/den, easily convertible into a fourth bedroom, adds flexibility to the floorplan. Two additional bedrooms share a beautifully appointed full bathroom along a private hallway. The upgraded laundry room includes a utility sink and matching high-end cabinetry for added convenience. The 3-car tandem garage provides ample storage and workshop space, perfect for hobbies or projects. Step outside to your private backyard oasis, complete with a covered patio, a pergola-shaded seating area, artificial turf, and a block wall for added privacy. This home is within walking distance of community amenities, including a park and a dog park, making it an ideal location for all lifestyles. Don't miss your chance to own this nearly new, impeccably upgraded home. Welcome to the perfect blend of style, comfort, and convenience.

50704 N 292nd Avenue Wickenburg, AZ 85390

$675,000
3 Beds
2 Baths
1,792 SqFt
Status Active
MLS # 6760426
Property Type Single Family Residence
Price Type --
5 ACRES with 360-degree view property! Breathtaking! Recently renovated Beautifully done! This is a uniquely constructed home that has been built on the top of the mountain. It has 2bdrm 2 baths with a loft, and a detached 2 car garage with carport and additional bedroom/guest room. The home has been completely updated with new kitchen cabinets, appliances windows split units new paint & fixtures. Internet tower connection to home comes with FREE internet. Has geo-thermal cooling! Along / solar panels (owned) for hot water. Wood burning fireplace and water filtration system also included. Light & Bright with windows for those incredible views, and quiet evenings star gazing. Call now to set up appointment to preview. Enjoy a True Arizona Lifestyle!

229 E Alcatara Avenue San Tan Valley, AZ 85140

$675,000
3 Beds
2 Baths
1,928 SqFt
Status Active
MLS # 6761734
Property Type Single Family Residence
Price Type --
Welcome to Trilogy at Encanterra, a stunning Resort Community that offers a Lifestyle of Luxury and Leisure. Enjoy Exclusive Amenities such as 4 Pools and Spas, an 18-hole Private Golf Course, Pickleball, Tennis, Bocci Ball and so much more! Indulge in the On-Site Restaurant, Spa, Salon and Fitness Center. This Beautiful 3 bedroom/ 2 bath home features a Gourmet Kitchen, Spacious Bedrooms and Private Backyard Oasis. DON'T Miss the Opportunity to Experience true Resort-Style Living at its Finest. Come view this home today to witness the perfect blend of comfort and elegance in this immaculate home!! You will not be disappointed!

19700 N 76th Street Unit 2169 Scottsdale, AZ 85255

$675,000
2 Beds
2 Baths
1,843 SqFt
Status Active
MLS # 6765007
Property Type Apartment
Price Type --
Gorgeous Village unit on a fantastic interior lot w/fresh new floors, fireplace surround, master bath, & interior paint. Spacious 2 beds plus den floor plan w/cinnamon cabinets, ss appliances, granite counters, newer ceiling fans, & large covered patio. South facing exposure and backing up to open space vs other condos make this a premium unit for your prospective buyers. The Village boasts a gated community w/3 pools, workout facility, lots of guest parking, and is extremely well managed. Location within Grayhawk means access to world class golf, shopping, dining, & easy freeway access. This unit is pristine so show it first as it may not last very long.

805 E La Palta Street Queen Creek, AZ 85140

$675,000
3 Beds
2 Baths
1,927 SqFt
Status Active
MLS # 6759693
Property Type Single Family Residence
Price Type --
Resort Living in gorgeous Encanterra at the base of the San Tan Mountains. A Lifestyle that offers it all. Pickleball courts, tennis courts, bocce ball, 4 pools, spa, fitness center, restaurants, not one but two beautiful clubhouses. Last, but not least the stellar Tom Lehman designed golf course. Or you can also just sit back, relax in your own backyard or the many peaceful park like settings in the community. Now...here is the best part...how about an amazing home to go with the lifestyle? So many fun details! Sought after ''Nice'' floorplan with a rare third bedroom. South facing backyard floods the house with natural light. Desert landscape buffer between you and your neighbor for additional privacy. Covered patio, a multiple purpose room used for office and utility space. Split bedroom floor plan. Open concept living at its best. Come see this well-maintained home, you won't be disappointed.

21320 N 56th Street Unit 1085 Phoenix, AZ 85054

$675,000
2 Beds
2 Baths
1,884 SqFt
Status Active
MLS # 6761032
Property Type Apartment
Price Type --
Spectacular 2 bedroom + office/den condo in the gated community of Bella Monte! Maple cabinets, slab granite and custom tile backsplashmake this kitchen pop! Gas & electric, enjoy premium cooking and a fireplace. Extra ordinary features include raised ceilings, walk in master shower, 2 cargarage, & covered patio.

7639 W Mauna Loa Lane Peoria, AZ 85381

$675,000
4 Beds
2 Baths
2,327 SqFt
Status Active
MLS # 6762331
Property Type Single Family Residence
Price Type --
Step inside to find a beautifully designed interior featuring vaulted ceilings, granite countertops, and an open-concept kitchen with high-top bar seating—ideal for easy entertaining and gatherings. The family room flows seamlessly from the kitchen, providing a bright, inviting space for relaxation. Two charming bay windows fill the home with natural light, while French doors lead to a covered patio where you can enjoy the outdoors year-round. Outside, your personal oasis awaits, complete with a sparkling pool and mature landscaping, perfect for entertaining or simply relaxing. The mature landscaping offers both privacy and beauty, creating the ideal setting for summer barbecues or quiet evenings under the stars. With its vaulted ceilings, blinds throughout, and thoughtful touches like double sinks in both bathrooms and wood flooring in high-traffic areas, this home is move-in ready. Plus, its unbeatable prime location puts you just minutes from the 101 Freeway, Peoria Sports Complex, Arrowhead Mall, and an array of dining and shopping options. Whether you're hosting friends or enjoying a quiet night in, this home offers it all. Don't miss this rare opportunity to own a home in one of Peoria's most sought-after communities. Inquire within today its a must see!

15802 N 71st Street Unit 256 Scottsdale, AZ 85254

$675,000
2 Beds
2 Baths
1,540 SqFt
Status Active
MLS # 6770000
Property Type Apartment
Price Type --
Welcome to the Landmark's supreme location flanking the Acacia Golf Course & walking distance to Kierland Commons! True resort-like living w/concierge, guard gate, porters, swimming pool, wine storage, BBQ, pizza ovens, aps, fitness w/lockers, pet are. Freshly painted spacious 2bed/2bath roomy dining, living, kitchen w/elevated finishes, appliances, travertine, granite. Large laundry room. Large covered patio w/views of McDowell Mountains. Two storage & Two parking spaces. Price includes most furnishings!

22235 E Munoz Court Queen Creek, AZ 85142

$675,000
5 Beds
3.5 Baths
3,549 SqFt
Status Active
MLS # 6782485
Property Type Single Family Residence
Price Type --
Welcome to 22235 E. Munoz Ct, a beautifully designed 3,549 sq/ft home built in 2017, nestled in a cul-de-sac in Queen Creek. This spacious 5-bedroom, 3.5-bathroom residence features an open floorplan, ideal for both family living and entertaining. The large backyard offers plenty of space for outdoor activities, while the 3-car tandem garage, with an additional separate storage area, provides ample room for your vehicles and belongings. Located next to the distinguished Queen Creek High School, and just minutes from local shopping, dining, entertainment, and freeway access. This home combines modern comfort with an unbeatable location. Don't miss out on this incredible opportunity!

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