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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4500 N Paseo De Los Rancheros -- Tucson, AZ 85745

$650,000
4 Beds
2 Baths
2,312 SqFt
Status Active
MLS # 6777821
Property Type Single Family Residence
Price Type --
A beautiful 4 bed, 2 bath residence in Rancho Del Cerro is now for sale! Nestled on a premium corner lot and featuring a low-care landscape, 2 car garage, well-laid pavers, and a welcoming front porch, this is sure to be the home you've been looking for! Inside you will find large dining & living areas w/vaulted ceilings and custom palette throughout. Enjoy quality time w/friends & loved ones in the cozy family room, showcasing exposed beams, elegant wood-look flooring, and a beehive fireplace. The eat-in kitchen offers ample cabinetry w/crown moulding, pendant & recessed lighting, and built-in appliances for all your cooking needs. The primary bedroom boasts soft carpet, private outdoor access, a walk-in closet, and a full ensuite w/dual sinks & a jetted tub. Lastly, the wonderful backyard includes a covered patio, extended seating areas, two lovely pergolas plus a gazebo, artificial turf, a refreshing hot tub, and a sparkling blue pool! What are you waiting for? Act now!

14367 W Ventura Street Surprise, AZ 85379

$650,000
3 Beds
2.5 Baths
2,391 SqFt
Status Active Under Contract
MLS # 6743761
Property Type Single Family Residence
Price Type --
**NOW ACCEPTING BACK UP OFFERS** Welcome to this exceptional RV garage home in the gated community of W Ranch. This open floorplan offers 3 bedrooms and 2.5 bathrooms, featuring a versatile flex space den and a split floor plan for ultimate privacy. This home is designed for both comfort and functionality. The chef's kitchen stands out with its stainless-steel gas stove, double ovens, and quartz countertops, complemented by a stylish backsplash and tall cabinets that provide an abundance of storage, including a walk-in pantry and a Reverse osmosis system to keep your water fresh. Enjoy the elegance of luxury vinyl flooring throughout, along with vaulted ceilings that enhance the spacious feel of the home. Step outside to your private oasis, complete with a built-in BBQ and a brick patio featuring a ceiling fan and exterior sunshade for added comfort. The easy-to-maintain yard is enhanced with artificial grass, mature trees, and a cozy fire pit, making relaxation effortless. With electrical hookups ready for a hot tub, this outdoor space is perfect for both entertaining and unwinding. Car enthusiasts and RV owners will appreciate the RV garage, featuring epoxy flooring, an additional 220 line for additional refrigerators, Freezers, or tools, a 50-amp plug for RVs, and an RV dump connected directly to the sewer. The driveway is beautifully paved with bricks, extending behind the RV gate for added convenience. The expansive master suite is a true retreat, boasting a luxurious tiled walk-in shower, dual sinks, and a spacious walk-in closet. Additional features of this exceptional home include owned solar panels and numerous other upgrades like a water softener system and more. This property is a rare find, offering a perfect blend of luxury, and modern amenities conveniently located in the heart of SURPRISE. Don't miss the opportunity to make this your new home!

8613 W Morten Avenue Glendale, AZ 85305

$650,000
5 Beds
4 Baths
4,252 SqFt
Status Active Under Contract
MLS # 6733555
Property Type Single Family Residence
Price Type --
Beautiful 5-bedroom, 4-bathroom, three-level home situated on a large lot in a fantastic community! Boasting a generous 4,252 sqft of living space, this residence offers ample room for everyone. The home features a den and a spacious basement with a full bath, providing versatile living options. Enjoy the airy and elegant ambiance created by vaulted 9+ flat ceilings and dual-pane windows. The family room includes a cozy gas fireplace, while the large rooms feature walk-in closets. The kitchen is equipped with multiple ovens, a pantry, and a kitchen island, complemented by formal dining, an eat-in kitchen, and a breakfast bar. Step outside to a covered patio overlooking a vast, beautifully landscaped yard with grass, shrubs, and trees. Additional highlights include a 3-car garage with an RV gate. Conveniently located near parks, Westgate, stadiums, and Tanger Outlets, this home also features owned solar panels to be paid in full at closing, ensuring energy efficiency and cost savings!

10629 E Sebring Avenue Mesa, AZ 85212

$650,000
4 Beds
2.5 Baths
2,731 SqFt
Status Active Under Contract
MLS # 6735189
Property Type Single Family Residence
Price Type --
Now available! This turnkey home is the epitome of easy living. Inside, you'll find a spacious open layout with thoughtful upgrades, modern fixtures, and a neutral color scheme. The formal front living and dining areas open to the great room with a gourmet kitchen. A large slider off the family room leads to the backyard oasis, featuring a covered patio, sparkling pool, and easy-to-maintain turf and pavers. Upstairs, you'll find a large loft, a balcony with mountain views, and generously sized bedrooms perfect for relaxing. This home is conveniently located near many of the Eastmark community features, including a quick walk to Benton Park, with it's private splash-pad, and a short drive to the AZ-202 for easy commutes. See the full list of features!

7409 E Pleasant Run Scottsdale, AZ 85258

$650,000
3 Beds
2.5 Baths
2,688 SqFt
Status Active Under Contract
MLS # 6735895
Property Type Single Family Residence
Price Type --
Discover your perfect gem! This townhome in the desirable McCormick Ranch community, ideal for investors and offered as a short sale. This home boasts a rare main-floor master suite, large windows that flood the space with natural light, and a private patio for serene outdoor living. With only one shared wall, this corner lot offers extra privacy and easy access to the lush greenbelt. The spacious upstairs loft and two additional bedrooms provide flexible living areas. Located in the Pleasant Run subdivision, you'll enjoy top-rated schools, shopping, dining, and recreation nearby. This property is ready for your personal touches to transform it into your dream residence. Don't miss this incredible opportunity at an unbeatable price!

9025 S Dateland Drive Tempe, AZ 85284

$650,000
4 Beds
2 Baths
2,214 SqFt
Status Active Under Contract
MLS # 6742729
Property Type Single Family Residence
Price Type --
Introducing the BEST of Warner Ranch! This stylish and functional home boasts fresh updates, including white cabinets, granite counters, and a sparkling Pebble Tec pool. With a side yard, built-in BBQ, large covered patio, and ample space for children and pets, it's designed for outdoor living at its finest. Not to mention the recent upgrades, such as a new main water line in 2023, new water valves, irrigation control panel, water heater new in 2023, AC in 2021, and roof done in 2017. The separate entrance to the pool from the master bedroom and multiple living areas add a touch of luxury and convenience. Being single-level and centrally located near key amenities like shopping, golf, and parks, it's an ideal spot for almost anyone. Plus, its proximity to the airport, Scottsdale, and the highly-rated Kyrene School District makes it an even more appealing choice. Don't miss out on this incredible opportunity! This home is all about location, convenience, and comfort! Warner Ranch has 2 parks, playgrounds, tennis courts, pickleball courts, soccer, basketball and volleyball too!

4801 E Peak View Road Cave Creek, AZ 85331

$650,000
3 Beds
2 Baths
1,987 SqFt
Status Active Under Contract
MLS # 6761544
Property Type Single Family Residence
Price Type --
Spacious corner lot with breathtaking mountain views! This expansive 3-bedroom, 2-bath residence offers a large Great Room, perfect for gathering and entertaining, and features two fireplaces — one in the cozy family room and another firepit outdoor for those starlit evenings. The bright and airy atmosphere enhances the open feel of the home, while the split primary suite provides privacy and a luxurious full bath. Enjoy the convenience of a 3-car garage, RV gate and a storage shed. The beautifully fenced backyard is an entertainer's paradise, complete with a covered patio and a private play pool. With a generous 18,654 sqft lot, your backyard is awaiting your personal touch. This property offers endless possibilities to create your perfect outdoor oasis.

6822 E Portia Street Mesa, AZ 85207

$650,000
4 Beds
3 Baths
2,475 SqFt
Status Active Under Contract
MLS # 6753509
Property Type Single Family Residence
Price Type --
Located in the sought-after Las Sendas Community, this corner-lot home offers unparalleled privacy with only one neighbor, 4 spacious bedrooms & 3 modern baths. Enjoy breathtaking views of Red Mountain & easy access to Usery & Salt River natural areas, teeming w/ wildlife & stunning Sonoran desert landscaping. The heart of the home - the kitchen, is a highlight with it's 2024 appliances including a refrigerator, dishwasher, range & microwave. Enhanced w/ modern sink faucets, the space is both functional & stylish. Adjacent to the kitchen, the open layout seamlessly connects to the living areas, featuring a cozy fireplace & ceiling fans for added comfort. The home also boasts recent upgrades like engineered hardwood floors, carpet & an R/O system, providing a blend of luxury & convenience. Experience the serene desert lifestyle w/ beautiful sunrises & sunsets from your balcony. Conveniently walk to Las Sendas Elementary, parks, a splash pad & a community pool. This residence offers a perfect balance of tranquility & accessibility.

9029 W Lisbon Lane Peoria, AZ 85381

$650,000
3 Beds
2 Baths
1,720 SqFt
Status Active Under Contract
MLS # 6757409
Property Type Single Family Residence
Price Type --
WOW, this resort-style lake residence is designed with CUSTOM southwest interior luxury living and relaxing, vacation-like atmosphere. This LAKEFRONT location offers breathtaking panoramic views of the water. The residence features private access to the lake with a boat dock. Countless UPGRADES include: NEW ROOF, rain gutters, insulated garage door and ceiling, new hot gas water heater, new r/o system in kitchen, new water softener, gas fireplace, artificial grass, 2 roll blinds - patio, pool filters system, mister system w/ new filter, boat dock w/ trek deck material, 2 dock chairs w/ foot stools trek material, remodeled kitchen and custom cabinets, upgraded monogram kitchen gas stove, monogram stove hood, ge fridge ge refrigerator, ge dishwasher, new gazebo, hot tub w/ new cover, conversation pit, sautillo tile throughout the house, new upgraded pine doors on every room in house, upgraded ceiling beams in living and pool room and master bedroom, new upgraded kitchen faucet, all new circuits board, pool table, new upgraded windows, remodeled secondary bathroom, remodeled primary bathroom, 2 new toilets, tuff shed , exterior. 9029, march 2024 - exterior new paint, stucco, and trim exterior walls, side and backyard...designer southwest walls with new paint on conversation fire pit with new stucco, new metal gazebo structured over hot tub spa with hot tub cover, swimming pool, newer filter and timer, rock waterfall, swim table, two umbrellas, for insert on table, pool adjustable skimmer and brush, inside garage pool vacuum and pole, pool has automatic pop-up cleaner with lifetime guarantee, side yard has above ground cactus garden, adobe walls around backyard, 4 exterior hose bibs - with all new valves, 10'x12' tuff shed with insulated walls, floors, air vents and shelves, newer roof - 8 yrs old with o'hagen vents and rain gutters, spare tiles on roof, all artificial turf backyard, boat dock with ac outlet for boat charger, designer trek deck dock chairs and stools - rocker/sliders, upgrade side yard gates, concrete pad for trash cans, potting bench side yard, extra pad for patio table and pool cool deck, outdoor designer bbq kitchen, with refriger, lyon bbq, tile custom island with stainless steel sink with new faucet, under bar lighting extra outdoor electrical plugs, with 2 drawers stainless steel, 2 bird baths designer led lighting around the pool and backyard, multiple metal cactus and flowers around back and front and pool, covered patio, duck/goose fencing, all metal plants, talavera pots and metal art, mister system, new belt drive for patio, waterfall. Smart TV is 2yrs old and will convey, Denon receiver amp and surround sound along with entertainment cabinet will convey. This home is a MUST SEE!!!

5386 S Mariposa Drive Gilbert, AZ 85298

$650,000
4 Beds
3 Baths
2,643 SqFt
Status Active Under Contract
MLS # 6762642
Property Type Single Family Residence
Price Type --
Beautiful SHEA home in the highly desirable community of The Bridges at Gilbert. The Reflection is a flexible 2-story plan w/ 4 bedrooms, 3 full baths and a loft. Flex space between the foyer and kitchen can be a formal living room or office. Downstairs bedroom complete with full bathroom. Upstairs you will find a spacious master, 2 additional bedrooms, a den, and loft. The kitchen is gorgeous with expresso cabinets, stainless steel appliances, and an oversized granite island. Premium lot includes a 3 car garage with no homes behind you, enjoy the beautiful sunsets from your covered patio. Near Gilbert Regional Park!

2600 E Summer Loop Forest Lakes, AZ 85931

$650,000 - 2Br/2Ba -  for Sale in Forest Lakes Estates, Forest Lakes
Open House
$650,000
2 Beds
1.5 Baths
1,725 SqFt
Status Active
MLS # 6778410
Property Type Single Family Residence
Price Type --
Nestled atop the majestic Mogollon Rim, this exquisite A-frame cabin in Forest Lakes Estates beckons those seeking an escape from the quotidian.This gem will be coming soon to the market and is a mere two-hour scenic drive from Phoenix, offers a tranquil retreat where temperatures graciously dip 30-50 degrees below the valley's swelter. The property's 1,726 square feet of tastefully updated living space unfolds like a carefully curated narrative. Expansive picture windows frame nature's ever-changing landscape, while the eat-in kitchen features stylish upgraded granite counters and endless pantry/storage options. The main floor houses two spacious bedrooms and a bathroom, while the upper level reveals a sleeping loft complete with a playful nook and generous storage. Outside, the grounds are a testament to thoughtful landscaping. Verdant grass intermingles with ferns, while carefully cultivated bulbs and lilacs perfume the air. Majestic lilies stand sentinel along the home's façade, their regal presence complemented by nature's own sculpture garden of boulders. Entertainment options abound with dual fire pits, a pergola, and a whimsical tree fort. The extra depth two-car garage conceals a surprise - a game room/bunkhouse, perfect for hosting soirées or accommodating overflow guests. The garage also has laundry area and could also be converted a tandem 4 car garage. Storage Shed conveys too for additional storage. Seller has done updates from, flooring to lighting and done all the important updates: electrical, plumbing (PEX), and added forced air heating system. Forest Lakes, an idyllic community free from HOA constraints, boasts several trout-stocked lakes and a vibrant, welcoming atmosphere. The voluntary FLOA fosters a sense of camaraderie through community events and a shared gathering space. This exceptional property, priced at market value, promises not just a home, but a legacy of cherished memories amidst the towering Ponderosa pines. Seize this opportunity to elevate your lifestyle and immerse yourself in the lap of nature's luxury.

3775 S Danyell Drive Chandler, AZ 85286

$650,000 - 4Br/2Ba -  for Sale in Saguaro Canyon, Chandler
Open House
$650,000
4 Beds
2 Baths
2,046 SqFt
Status Active
MLS # 6769582
Property Type Single Family Residence
Price Type --
At over 2000 sf, this 4 BR, 2 BA home feels like a peaceful garden paradise from the inside out! Enjoy the beauty of Travertine tile flooring laid in a special Windsor Versailles pattern and wood laminate t/o; soaring ceilings, plantation wood shutters/blinds, custom paint, lighting, ceiling fans, Tuscan iron security doors at front entry and to back patio, solar tubes in gathering room and guest bath for added natural light and upgraded baseboards. Renewal by Andersen energy-efficient windows installed on south side to keep you comfortable and help with lower utility bills. Outside, a refreshing Pebble Tech California Pool (built only 3 years ago) awaits you with a Baja shelf for lounging/wading/kids play and LED lighting with remote for fun and calming color effects. Separate hot tub, lush landscaping, slate pavers and a variety of fruit trees complete this calming outdoor space. Back inside, gather and cook in the kitchen with the added 8' island, granite counter tops, pendant lighting, SS appliances incl a 2023 French door, two drawer Whirlpool fridge, RO system (connected to fridge/ice), trash pull-outs and pantry. There are two spacious living/dining areas; primary bedroom with bay windows, ensuite with garden tub, shower and walk-in closet: three add'l bedrooms, guest bath with Travertine surround in shower/tub and granite vanity, laundry room with upgraded washer and dryer. Built-in cabinets and pull-down ladder in garage. Trane HVAC and roof regularly maintained. Saguaro Canyon in South Chandler offers tot lots, dog stations, ramadas, shade trees, paths and greenbelts. Highly rated year-round Chandler Schools, tasty eateries, shopping, dog parks, and the San Tan 202 Freeway is minutes away!

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