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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5023 E Campo Bello Drive Scottsdale, AZ 85254

$649,990
3 Beds
2.5 Baths
1,958 SqFt
Status Active
MLS # 6778883
Property Type Townhouse
Price Type --
Discover Arabella, a community located in Arizona's desirable 85254 zip code. Our ''Little Rock'' floor plan offers 3 bedrooms, 2.5 bathrooms, and a spacious loft, along with a 2-car garage and a private yard. Inside, you'll find modern Ash-Brown cabinetry, elegant quartz countertops, wood-like tile flooring, and plush carpeting. This home features pre-plumbing for soft water, smart home technology, and upgraded stair railing. Currently under construction, with an expected completion date in Nov/Dec 2024, Arabella is conveniently situated near Loop 101 and is just a short drive from Scottsdale Quarter, Kierland Commons, and Desert Ridge Marketplace, and Paradise Valley shopping and dining. We are in our final opportunities!!

7639 W Nosean Road Peoria, AZ 85383

$649,990
3 Beds
2 Baths
1,982 SqFt
Status Active
MLS # 6741345
Property Type Single Family Residence
Price Type --
MLS#6741345 Ready Now! The Iris is a 1-story home with 1,982 sq. ft., featuring 3 bedrooms, 2 bathrooms, a 2-car garage, and a flex room. As the only single-story floor plan at Aloravita South Discovery, it stands out for its thoughtful design. The foyer leads to a hallway with secondary bedrooms and a full bathroom. The open kitchen, casual dining area, great room, and flex room create a welcoming living space. The private covered patio is perfect for enjoying Arizona weather. The primary suite offers a private bathroom with double sinks and a spacious walk-in closet, making it the perfect retreat.

23063 E Watford Drive Queen Creek, AZ 85142

$649,990
5 Beds
4.5 Baths
3,291 SqFt
Status Active
MLS # 6770752
Property Type Single Family Residence
Price Type --
This is a to-be-built opportunity. We offer a full design center experience where you can colorize the home to your liking. Options and upgrades may increase the price of the home. Please ask about our special financing promotions. MASTER DOWN PLAN WITH ONE OTHER FULL BED AND BATH DOWNSTAIRS PLUS OFFICE. Very unique design with lots of livable downstairs square footage.

10011 E Thistle Avenue Mesa, AZ 85212

$649,990
5 Beds
3 Baths
2,550 SqFt
Status Active
MLS # 6771939
Property Type Single Family Residence
Price Type --
Reside at ONE OF ARIZONA'S MOST DESIRABLE MASTER PLAN COMMUNITIES IN THE SOUTHEAST VALLEY... The HAVE-IT-ALL RESORT LIFESTYLE ALL WITHIN... WELCOME TO CADENCE. Situated on a Prime Private Corner Stadium Palm View Home Site with only one neighboring property & Open-Air Views, this Newer 2023 TRI-POINTE Magazine Model Residence offers the TOTAL MOVE-IN READY HOME/COMMUNITY PACKAGE. Showcasing $73,500 in BUILDER LUXURY UPGRADES throughout + $40,000 invested in additional OWNER IMPROVEMENTS (See Upgrade List), Distinctive Modern Desert Exterior w/Front Portico Courtyard Entry/Patio, Step inside to the Open Great Room ''Vineyard'' Floor Plan influencing everyday functionality & featuring a Professional Chefs Gourmet Kitchen w/built-in appliances & high-end finishes/features everywhere, 12' Glass Wall Sliders influencing extraordinary Indoor/Outdoor themed views/festivities, downstairs bed/bath, large upstairs loft space, Private Owner Suite w/sizable walk-in closet, Finished 2-Car Garage w/Premium Organizational Features, Electric Outlet for Car Charging + Whole Home Water Softening/RO Systems, Today's Must-Have Energy Efficiencies you want in the Desert, Transition outside to the COMPLETELY FINISHED & REFINED LOW-MAINTENANCE GARDEN SPACE modeling covered patio, green turf package, extended hardscape borders/patios, landscape lighting accents, mature pygme palms/flowering plants, Take in Sunset Views w/Scenic Resort Palms lining the Horizon, Beyond Your Front Door... Cadence is designed for a mixed use community featuring First-Class Amenities that go far beyond the norm. The Center Point of the community is The Square featuring a Play Pool with Twisting Chute Slides & Lap Pool, Spa, Moto - State of the Art Fitness Center, Flourish Community Center - Indoor/Outdoor Social Gatherings, Game On - Community Space filled with Games, Stir - Casual Social Hangout with Coffee/Tea, Several Parks throughout including a Dog Park for your furry family members, sports courts, Lush Resort-Style Community Landscaping with Palm Drives, Excelling School Options including Silver Valley Elementary within walking distance just down the street, Sequoia Pathfinder Academy & Basis just to the North & Prime proximity from San Tan 202 & 24 Freeways. With easy transportation access and surrounded by excellent employment, Cadence at Gateway is one the most successful communities in The Valley of the Sun! ***Homeowners recently completed 1-year walk-through with builder ensuring property was free of noted defects and/or discrepancies with workmanship. Avoid this stressful and time consuming phase in the new construction process, and take advantage of moving right in to this BETTER THAN NEW Move-in Ready Residence with Out-of-Pocket POST NEW DELIVERY Finishes already completed. EXPERIENCE IN PERSON. MAKE THIS LIMITED HOME OFFERING YOUR CADENCE SANCTUARY FOR THE HOLIDAY SEASON!

5196 E Desert Forest Trail Cave Creek, AZ 85331

$649,990 - 4Br/3Ba -  for Sale in Rancho Paloma, Cave Creek
Open House
$649,990
4 Beds
3 Baths
2,368 SqFt
Status Active
MLS # 6706259
Property Type Single Family Residence
Price Type --
Energy Star Certified, 4 bedrooms, + Loft, 3 bath home on an incredible cul-de-sac homesite with Mountain Views, and open green space! THIS 2019 BUILT HOME feels new with a modern great room plan, large bedrooms, walk in closets, and 5-year-old mechanicals- today's tech. Recent updates include a custom master shower, new tile surrounds in two bathrooms, Quartz Bathroom counter tops, fixtures, and 2022 carpet on the second floor. The high-end finishes include 42'' Glazed cabinets, Granite countertops, and Subway Backsplash. 1st Floor has Wood Plank tile flooring. No need to renovate, this is move in ready! Enjoy the convenience of a bedroom, and shower on the first floor. The large 15x8 foot glass slider allows plenty of light. HOA includes front land scaping maint. Street parking OK

310 S 4th Street Unit 2002 Phoenix, AZ 85004

$649,950
2 Beds
2.5 Baths
1,405 SqFt
Status Active
MLS # 6766851
Property Type Apartment
Price Type --
Unmatched Luxury with Breathtaking Views in the Heart of Downtown Phoenix! Perched on the 20th floor of The Summit at Copper Square, this stunning residence offers an extraordinary lifestyle with sweeping views of the city skyline, epic Arizona sunsets, and the majestic mountains beyond. Imagine coming home to floor-to-ceiling windows that showcase the best of Phoenix from every angle, blending modern luxury with urban convenience. Located just steps from Footprint Center and Chase Field, you'll be able to walk to enjoy Suns, and Diamondbacks games, as well as an endless rotation of world-class concerts and entertainment, all just minutes from your front door. This premier high-rise community offers everything you need to live in style, including a heated pool and spa, fire pit, media room, sauna, state-of-the-art fitness center, and an exclusive rooftop party room perfect for entertaining. Whether you're seeking the excitement of downtown living or a serene retreat high above the city, this unit delivers it all. Don't miss this rare opportunity to elevate your lifestyle. Experience downtown living with everything at your fingertips and start living the life you've been dreaming of today!

26982 N 168th Lane Surprise, AZ 85387

$649,900 - 4Br/3Ba -  for Sale in Sunrise Parcel D, Surprise
New
$649,900
4 Beds
3 Baths
3,240 SqFt
Status Active
MLS # 6780165
Property Type Single Family Residence
Price Type --
FORMER MODEL HOME! This beautifully designed 4-bedroom, 3-bathroom, 3,240 sq. ft. home offers a luxurious living space. From the moment you step inside of this open concept, thoughtfully laid out floorplan, you'll notice the high level of upgrades throughout, including a gourmet deluxe kitchen equipped with top-of-the-line kitchen aid appliances, generous amount of cabinetry and countertop space. Making this the perfect home for entertaining. Opening your second level living to a sprawling loft of 32x12 sq ft, a primary suite that boasts a spa-like bathroom complete with a tub and shower combination for ultimate relaxation. Furniture is not included, but may be offered for an additional fee.

4255 E Washington Court Gilbert, AZ 85234

$649,900
4 Beds
2.5 Baths
2,387 SqFt
Status Active
MLS # 6773726
Property Type Single Family Residence
Price Type --
This beautiful 4-bedroom, 2.5 bathroom Ashton Woods home is nestled in the highly desirable community of Highland Groves at Morrison Ranch and has brand new carpets throughout, updated bathrooms and so much more! The lower level boasts a spacious living room/dining room, then flows into the great room ideal for gatherings. Downstairs you will also find the kitchen that is equipped with shiny stainless-steel appliances, a new large capacity refrigerator, tons of updated white cabinetry, granite countertops, a cozy island, breakfast bar, walk-in pantry and don't forget about the laundry room and half bathroom. Upstairs is an oversized loft with plenty of space for family relaxing, playtime or even a home office. The 4 bedrooms upstairs are spacious and both bathrooms upstairs have been newly updated. The amenities don't stop there...step into the backyard to relax in the sparkling pool with covered patio and extended pavers...the perfect spot for hosting backyard barbecues. Not only does the house have everything you need, but the neighborhood also has tree-lined streets, lakes, fountains, playgrounds and pickleball/tennis courts. Plus, you can't get any better with the location - close to the Loop 202 & US 60, as well as tons of Gilbert's best restaurants and shops! Don't miss out on this gem being your new home!

17410 N Country Club Drive Sun City, AZ 85373

$649,900
2 Beds
2 Baths
2,527 SqFt
Status Active
MLS # 6776222
Property Type Single Family Residence
Price Type --
Absolutely stunning home located on Union Hills Golf Course! Private front courtyard leads to double entry doors with views of the course and best of all: a water view! Enjoy your new carefree Sun City lifestyle in this home packed with updates! Newer kitchen, windows, master bath and owned solar! Commanding views of the golf course will inspire you to relax and entertain on your custom patio with outdoor kitchen. Enjoy the chill of the evening while chatting with your guest around the custom firepit patio table. The expansive living space indoors features a unique open concept design yet caters to those that are desiring smaller more intimate spaces. Updated custom kitchen with beautiful finishing detail! Master suite will wow with immense walk in closet & doors to patio! Don't miss this List of improvements: Outdoor Kokomo Kitchen, Island and Patio cover $24,000 Complete remodel of Master Bath & Closet $26,000 Ceiling Fans throughout home $2,000 New Dining Room lighting $2,000 Added Temperature control (AC) in Garage $800 Extended Patio Pavers $4,000 Expanded concrete driveway $4,500 Kitchen Remodel, New Countertops & backsplash $8,400 New Vinyl Flooring throughout $15,000 Expanded openings & doorways $2,500 Interior painted in 2024 $3,200 Fenced in backyard (metal) $4,200 New pavers in front courtyard $8,000 _________ Total $104,600 Features: Fully owned and paid up Solar (39 Solar Panels) -Banking Credits during Fall, Winter, Spring. Avg APS bill $10.00 Golf Course lot between 12th Green & 13th Tee on Union Hills Golf Course Updated windows, Stucco, New Roof (2021) Private Patio in front and privacy on Back Patio with Golf Course Views and Plenty of mature trees. Spa on front patio negotiable Back Yard Xeriscaping - does not require water Updated front watering system

27806 N 60th Lane Phoenix, AZ 85083

$649,900
4 Beds
3 Baths
3,079 SqFt
Status Active
MLS # 6769467
Property Type Single Family Residence
Price Type --
Don't miss your chance to own this exceptional 4-bedroom, 3-bath home, perfectly designed for modern living! With a spacious bonus room that can effortlessly convert into a 5th bedroom, this residence boasts 3,079 square feet of elegance nestled on a nearly 9,000 square foot lot. Enjoy breathtaking views of majestic sunsets and mountains, all while benefiting from the privacy of having no back neighbors. Plus, you're just minutes away from scenic hiking trails! This home boasts a range of updates, fresh exterior and interior paint, new 5-inch baseboards, new carpeting downstairs, and updated vinyl plank flooring in the master suite. As you step through the front door, you'll feel right at home. The grand entrance features tall ceilings and a beautiful double-entry staircase creating an inviting atmosphere perfect for gatherings. The open floor plan seamlessly connects the formal living and dining areas with the family room and kitchen. The kitchen is a chef's dream, equipped with granite countertops, tall cabinets, a walk-in pantry, stainless steel appliances, a gas stove, and a spacious island. Downstairs, you'll find a guest suite complete with a full bathroom. Prepare to be impressed by the expansive all-purpose game room, ideal for relaxation or entertaining, which also includes a closet for added convenience. Large extra storage closet for all your storage needs. Every room showcases stunning mountain vistas, ensuring a serene and picturesque living environment. Escape to your luxurious master suite, complete with a generous walk-in closet, dual sinks, and a separate tub and showeryour personal sanctuary. The backyard is a fantastic space for entertaining, complete with a built-in BBQ. Enjoy year-round swimming in the pristine heated diving pool and cozy evenings around the fire pit. A shed for extra storage and a delightful children's playhouse for the little ones.

7137 W Mogollon Trail Happy Jack, AZ 86024

$649,900
2 Beds
2 Baths
2,107 SqFt
Status Active
MLS # 6736863
Property Type Single Family Residence
Price Type --
Stay Cool in Rim Country'' in Mogollon Trail presents an idyllic retreat set on 5 acres of verdant, wooded land. Stepping inside, you're enveloped in a spacious interior adorned with meticulous craftsmanship. The kitchen, a haven for culinary enthusiasts, showcases a grand island crowned with granite counters, ideal for culinary endeavors. Custom storage cabinets grace the kitchen, ensuring ample room for all your cooking essentials. Elegance permeates the home, with stunning slated tiles embellishing the floors and tongue and groove ceilings amplifying the open layout, fostering an inviting atmosphere. Sunlight dances through the expansive windows, bathing the chalet in natural radiance and offering enchanting vistas of the surrounding panorama. This property boasts a flexible layout, offering the option for a third bedroom or bonus room tailored to your preferences. A focal point in the living area, a stone- built wood fireplace imparts warmth and ambiance, perfect for cozy evenings. Retreat to the generous master suite, providing a serene sanctuary complete with its own ensuite bathroom for added convenience. Step outside onto the sprawling wrap-around deck, where you can immerse yourself in the tranquility of nature or host gatherings effortlessly. For outdoor cooking enthusiasts, a propane stub is conveniently located, facilitating barbeque gatherings with ease. With its harmonious fusion of rustic allure and contemporary comforts, ''Stay Cool in Rim Country'' promises an ideal escape for those yearning for relaxation and renewal amidst the allure of Mogollon Trail. Additionally, the property boasts well-maintained roads for easy access and panoramic views that captivate the senses. To experience this serene oasis firsthand, embark on a journey to discover the serenity and splendor of ''Stay Cool in Rim Country.''

13480 N Gladstone Hill Place Marana, AZ 85658

$649,900
4 Beds
3 Baths
2,577 SqFt
Status Active
MLS # 6708581
Property Type Single Family Residence
Price Type --
Move in Ready, Just bring your toothbrush! Check out this beautiful 2577 sqft upgraded home situated in a private cul-de-sac with views of mountains all around!. Nestled in the preserve of the Tortolita Mountains and tucked down at the end of the cull de sac, this premium homesite offers unobstructed views of both the beautiful Tortolita Mountains and Preserve. Living here in Dove Mountain you will enjoy several golf options at both the Ritz Carlton Dove Mountain Golf Resort and The Gallery Golf Club. There is a myriad of living options within this highly upgraded 4 bedroom 3 FULL bath home. Maintenance free landscaping provides easy outdoor living with large enclosed patio and extended covered patio. Host your next family gathering or game night in the massive great room. The kitchen includes a gourmet kitchen, tiled backsplash, and white cabinetry. Wood-look plank tile has been extended. Brand New community - Close to Shopping & Entertainment - Come Live The Life in Dove Mountain! Marina Arizona is exploding with new growth and opportunities!

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