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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4657 E Matt Dillon Trail Cave Creek, AZ 85331

$650,000
3 Beds
2 Baths
1,700 SqFt
Status Active
MLS # 6778168
Property Type Single Family Residence
Price Type --
Highly sought after Dove Valley Ranch gated community in Cave Creek, this darling home enjoys views of Black Mountain to the north and a widespread wrap around desert wash out back, giving you only one direct neighbor. Idyllic privacy and peaceful views surround. A true 3-bedroom/ 2 bath, entry room can be used for a multitude of lifestyle needs. Open kitchen concept with continuous wrap around granite counters and center island. Ample cabinet storage, stainless appliances, gas range with natural light pouring in. Double French doors off the great room lead your living space to a beautiful backyard with newly laid turf and expansive paver patio. Flowing room to entertain and enjoy AZ living! Light wood floors carried throughout all bedrooms, granite counters in bathrooms, oil rubbed bronze fixtures consistent throughout the home. Ready to get outside... Enjoy trails woven throughout the community, play a round at the Dove Valley Golf Course nestled within the neighborhood at the end of the street. Designed to be player friendly and amongst the prettiest desert landscape you'll find around. Phenomenal restaurants home to Cave Creek just minutes away, incredible hiking experiences out your back door.

15101 W Waterford Drive Surprise, AZ 85374

$650,000
2 Beds
2.5 Baths
2,406 SqFt
Status Active
MLS # 6778489
Property Type Single Family Residence
Price Type --
Experience resort-style living with this elegant home offering unparalleled views! Nestled on a prime golf course lot in the Sun City Grand community, this immaculate 2 bedroom, 2.5 bathroom home with a den showcases breathtaking panoramic views of the golf course and distant mountains. The open floor plan is designed for both comfort and style, with the outdoors in and a media center wall with a custom fireplace, perfect for cozy gatherings. The dream kitchen is equipped with Corian countertops, mosaic tile backsplash, skylight, and stainless steel appliances. The large primary bedroom has a slider to the patio. Ensuite features double sinks, a jetted tub, and a huge walk-in closet. Secondary bedroom with full private bathroom is perfect for your guests. Outside, relax in your private backyard oasis with a spacious covered patio, a built-in BBQ, cool decking, a custom waterfall, and a serene pond surrounded by a pony wall. The 2-car garage with a separate golf cart garage is finished with epoxy flooring and ample storage cabinets. With access to golf, swimming, and countless recreational amenities, this gorgeous Jasmine model offers the ultimate in retirement luxury.

34027 N 140th Place Scottsdale, AZ 85262

$650,000
3 Beds
2 Baths
2,000 SqFt
Status Active
MLS # 6778608
Property Type Single Family Residence
Price Type --
Beautiful new home, ready to move into! 3 bedroom, 2 bath, with den or office. Cul-de-sac lot. Large master suite/closet, and all tile master shower. Carpeted bedrooms with upgraded pads. Spacious open floor plan, great room, and kitchen. Quartz countertops, tile backsplash, spacious pantry with built-in-selves. Stainless steel appliances, sit-down kitchen island, and vaulted ceilings. Generous paver stone patio to enjoy desert mountain views. 3-car garage with workspace. Spacious laundry room and storage room, both with cabinets! Solar tube for natural light in laundry room. Long lasting synthetic stucco finish, 2 panel interior doors. Horses OK. Owner Agent.

7500 E Deer Valley Road Unit 87 Scottsdale, AZ 85255

$650,000
4 Beds
2.5 Baths
2,371 SqFt
Status Active
MLS # 6727580
Property Type Single Family Residence
Price Type --
LONG LIVE SUMMERTIME. This is the perfect setting for the moments that last a lifetime. Need space? This move-in ready home in the popular Arizona Silverado subdivision is the answer. This stunning home welcomes with comfortable, smartly-designed spaces. The kitchen has all the upgrades you want: granite counters, stainless steel appliances, breakfast bar and pantry. You'll love the easy-care engineered wood flooring throughout. The large primary suite has lots of natural light, a walk-in closet and the bathroom has a separate walk-in shower. Everyone loves a loft and this one is quite spacious. If you promised yourself the best in life, you can keep that promise. Move-in ready for a summer full of fun, Arizona-style! Nearby you will find a fun neighborhood park with world-class shopping, dining and medical facilities. Every kind of recreation imaginable awaits. Convenient access to the Loop 101 freeway, you're just minutes from Salt River Fields, Talking Stick Resort, Scottsdale Fashion Square Mall and Sky Harbor Airport. It is impossible to be bored when you live in the Valley of the Sun. This area offers scenic beauty, miles of natural parkland, picturesque lakes, and a wide variety of activities, events, and attractions for every interest. Surrounding cities and metropolitan areas offer a unique mix of culture, shopping, sports stadiums, concert arenas, and attractions ranging from the cosmopolitan to the Southwestern.

1326 N Central Avenue Unit 305 Phoenix, AZ 85004

$650,000
2 Beds
2.5 Baths
1,760 SqFt
Status Active Under Contract
MLS # 6693883
Property Type Apartment
Price Type --
Seller willing to prepay one year HOA fees as incentive! BRAND NEW AC! Welcome to your new downtown dream loft! Take in an amazing cityscape from the large open 3rd floor living area, including kitchen, dining, living room, half bath, and patio. An entertainer's dream! Kitchen recently updated with all new appliances and gorgeous quartz countertops. New light fixtures and hardware throughout. As you head downstairs you'll find a functional office/flex space, complete with your guest's favorite murphy bed. In the grand primary, you'll have a luxurious walk-in closet, double vanity, spacious shower, and soaking tub. Lower level also includes a full secondary bedroom with its own private patio, second bathroom, ample storage, and laundry room with brand new washer/dryer (+ more storage!). All this AND an owned EV charging station! Conveniently located in the heart of Downtown Phoenix. Walking distance to the Roosevelt Row Arts District, Burton Barr Library, Margaret T. Hance Park, The Japanese Friendship Garden, and all of the excitement of DTPHX. You won't want to miss this opportunity!

2917 E Keim Drive Phoenix, AZ 85016

$650,000
2 Beds
2.5 Baths
1,488 SqFt
Status Active Under Contract
MLS # 6775883
Property Type Single Family Residence
Price Type --
Welcome to Keim Drive! This private bungalow on the Arizona Biltmore Golf Course offers unparalleled views of the 12th hole, stretching south toward downtown Phoenix. On the market for the first time in almost 30 years, the property has been beautifully restored and meticulously maintained by its current owners. The main level showcases a spacious great room with sweeping views of the green, a well-appointed chef's kitchen, and a convenient powder room. Upstairs, the oversized primary suite features a walk-in closet and an updated, resort-inspired bathroom. Natural light floods the second level from the skylight above the stairwell, creating a warm welcome to both the primary bedroom and the generously sized guest bedroom. Just beyond, you'll find a beautifully finished hall bathroom and an upstairs laundry room. Don't miss this rare opportunity to own a slice of paradise at the Arizona Biltmore!

13812 W Parada Drive Sun City West, AZ 85375

$650,000
3 Beds
3 Baths
2,543 SqFt
Status Active Under Contract
MLS # 6749644
Property Type Single Family Residence
Price Type --
Must see this spacious, upgraded property on the 11th hole of Deer Valley Country Club! This light-filled home is updated with new flooring, tall baseboards, water softener, new water heater, solar tubes, plantation shutters, and the roof underlayment! The grand double door entryway leads to a formal living/dining space with SPECTACULAR view. Eat-in kitchen updates include NEW cabinets, granite & appliances. Both downstairs baths have new cabinets & beautiful showers! A huge primary suite upstairs has a walk-in closet & spectacular bathroom. Two bedrooms plus den are on the first floor, as well as a laundry room w/ storage, and lovely Arizona room to enjoy your GOLF COURSE VIEWS! Coveted 2.5 CAR GARAGE! Don't miss your chance to own the best of AZ living!

1514 N Amarillo Street Casa Grande, AZ 85122

$650,000
4 Beds
3 Baths
3,740 SqFt
Status Active Under Contract
MLS # 6761949
Property Type Single Family Residence
Price Type --
Welcome to a rare 2x6 constructed basement home at 1514 N. Amarillo St., Casa Grande, AZ, where elegance meets functionality in a stunning 4-bedroom residence. Nestled on an expansive 14,159 square foot lot, this property boasts the most beautiful, lush, mature landscaping, including delightful fruit trees, creating a serene oasis right in the heart of Casa Grande. As you approach, you are greeted by a charming courtyard and a mature shade tree that set the tone for the beauty within. Inside, you'll find a cozy receiving area adorned with a harmonious blend of carpet and tile flooring, complemented by a soothing color palette. The spacious living room and formal dining area invite you to relax and entertain. The great room is a true highlight, featuring vaulted wood plank ceilings, exposed beams, and a stunning brick fireplace that adds warmth and character. The kitchen is a chef's dream, showcasing ample wood cabinets, granite counters, a stylish stone backsplash, recessed lighting, stainless steel appliances, water filtration system and a large island with a breakfast bar, perfect for casual dining. The expansive primary suite provides direct access to the tranquil backyard and features an ensuite bathroom with dual vanities, a makeup table, a standalone tub, custom walk-in shower and an impressive walk-in closet. Down the hall you'll find the second bedroom, bathroom and generous laundry room, equipped with a sink, a wall-mounted ironing board, a hanging bar, and room for a refrigerator or deep freeze. Venture to the finished basement, where you'll discover two additional bedrooms one with a generous walk-in, jack and jill bathroom, a versatile bonus room, ideal for a media center or playroom and ample storge. The garage comes equipped with a workshop and abundant storage options, ensuring you have space for all your needs. Step outside to the serene backyard, where a covered patio, attached Ramada, and inviting pool create the perfect setting for outdoor gatherings and relaxation. This exceptional home truly has it all, offering a unique blend of comfort, style, and abundant space in a prime location. Don't miss out on the opportunity to make this stunning property your own!

18926 E Latigo Lane Rio Verde, AZ 85263

$650,000
3 Beds
3 Baths
2,813 SqFt
Status Active Under Contract
MLS # 6760895
Property Type Single Family Residence
Price Type --
THIS HOME IS PRICED TO SELL! Charming, one-of-a-kind home in the desirable Rio Verde community. Original owner home has three bedrooms ensuite, all oversized. Huge bright and sunny great room/library was a major addition. Custom designed and installed outdoor lighting. Large lot is walled in for privacy. Great entertaining back yard! Rio Verde is truly the place to retire to and live a fun life! This 55+ community boasts two parkland golf courses, clubhouse with two dining facilities, non-denominational community church, beautiful heated community pool and hot tub, rated tennis, pickleball, bocceball, horseshoes and a state of the art exercise facility. Golf memberships are available for Rio Verde Country Club. What are you waiting for??? The fun awaits you!

1603 N El Dorado Court Chandler, AZ 85224

$650,000
4 Beds
2 Baths
2,029 SqFt
Status Active Under Contract
MLS # 6778551
Property Type Single Family Residence
Price Type --
Discover the endless possibilities with this beautifully upgraded Chandler gem, tucked away in a private cul-de-sac on a nearly 16,000 sq ft lot with no HOA. You'll find ample space to create the lifestyle of your dreams—imagine building a guest house, designing a gorgeous garden beyond the charming white picket fence in the backyard, and enjoying the ultimate outdoor oasis. This meticulously maintained home offers modern amenities and thoughtful touches, including OWNED solar panels, a freshly painted exterior, and energy-efficient upgrades. Step into a fully updated kitchen (2022) featuring elegant shaker cabinets, granite countertops, a stainless steel sink, and high-end LG and Samsung appliances. Cont... The entire house boasts wood-grain ceramic tile throughout and you'll love the cozy stack stone fireplace. Enjoy year-round comfort with a new 5-ton Lennox A/C unit, new ductwork (2024), and a recently installed insulated garage door with quiet rollers. Outside, a newly resurfaced Pebble Sheen pool (2023), custom RV gate, extended driveway, and full RV hookups make this home perfect for adventurers. The front yard's fresh landscaping, complete with artificial grass and paver steps, adds the perfect curb appeal. This move-in-ready home offers a rare blend of privacy, convenience, and potential in a highly desirable location. Check the documents tab for a complete list of the extensive upgrades. The possibilities here are truly endless!

18805 N 31st Drive Phoenix, AZ 85027

$650,000
4 Beds
2 Baths
2,077 SqFt
Status Active Under Contract
MLS # 6767826
Property Type Single Family Residence
Price Type --
Welcome home! This stunning 4-bed, 2-bath single story residence offers the perfect blend of style and functionality. Step into a beautifully remodeled interior, filled with natural light and elegant, airy finishes throughout. Situated on one of the largest lots in the community, this property is an entertainer's dream, featuring a sparkling diving pool, relaxing spa, custom putting green, and a spacious patio ideal for outdoor gatherings. With plenty of room for your RV, boat, ATVs, and more, the RV hookup, gate, and expansive backyard make this home perfect for all your outdoor storage needs. Recently updated with newer AC units and a completely remodeled kitchen and bathrooms. Plus, enjoy the freedom of NO HOA! Conveniently located just minutes away from shopping, dining, and so much more. This move-in ready gem is ready to welcome youBook your private tour today!

1373 W Cindy Street Chandler, AZ 85224

$650,000
4 Beds
2.5 Baths
2,018 SqFt
Status Active Under Contract
MLS # 6775478
Property Type Single Family Residence
Price Type --
Welcome to your dream home—this completely upgraded oasis is designed for comfort, style, and elevated living. The open-concept layout flows effortlessly, perfect for both entertaining and relaxing. The kitchen, a chef's dream, features high-end appliances, custom cabinetry, and a view of the expansive backyard. The outdoor space is an entertainer's paradise with a sparkling pool, extended travertine decking, a putting green, and extended artificial turf for low-maintenance enjoyment. Unwind in the downstairs master suite, while upstairs offers three bedrooms and a versatile loft. The garage has been transformed into the ultimate man cave, ideal for hobbies or relaxation. This home offers the perfect blend of luxury, convenience, and a lifestyle built for creating lasting memories!

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