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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919 Panicum Drive Prescott, AZ 86305

$649,000
3 Beds
2 Baths
1,774 SqFt
Status Active
MLS # 6764679
Property Type Single Family Residence
Price Type --
Welcome to this charming 3-bedroom, 2-bathroom house located in desirable, Pinon Oaks of Prescott, AZ! The spacious interior 1774 SF features a split floor plan ensuring privacy, while the large great room seamlessly connects to the kitchen and dining area, creating an ideal space for entertaining guests or relaxing with family. You'll enjoy the primary bedroom with a remodeled ensuite bath, perfect for unwinding after a long day. Parking is a breeze, with 3 car garage and room could be made to park your RV. This property is a .42-acre level lot that backs to open space. No HOA but this community exudes a pride of ownership. Conveniently located near Willow Lake with walking trails, Fry's Food, and Embry Riddle Aeronautical University, making it easy to access shopping, recreation, and education. Don't miss the opportunity to make this lovely property your new home sweet home!

795 E Reindeer Drive Munds Park, AZ 86017

$649,000
3 Beds
2 Baths
1,305 SqFt
Status Active
MLS # 6764913
Property Type Single Family Residence
Price Type --
Imagine your electric bill being 1.09. Yes, it's true. This home includes a 65,000-dollar Tesla solar electric power system! It powers the like new, 220-volt hot tub and the rest of the entire home! Beautiful year-round home on a quiet street in a desirable area of Munds Park, lots of mature trees, 2 car garage and a separate, new 1 car garage, wood/pellet burning stove, tongue and groove wood throughout, stainless appliances, new refrigerator, new trex front deck, covered deck in back with fenced yard, large shed and new landscape gravel, newer roof (2020) new exterior paint front (2024) updated laminate flooring, updated bathrooms, kitchen, doors, lighting, fixtures, walk-in pantry, newer electrical panel, circuits and furnace, new mini-split in loft, newly painted deck (9-2024) Vaulted ceilings, This home can park 7 cars total, no HOA! Come and be a part of our wonderful Munds Park community! You will be walking distance to the well-known Pinewood Country Club and very close to the national forest, lake, hiking/ biking trails, tennis and pickleball courts, park, restaurants, convenient store, and more. Munds Park is only 17 miles South of Flagstaff and a 2-hour drive from Phoenix to escape the heat. Come see your new home in our neck of the woods!

445 W Grant Avenue Williams, AZ 86046

$649,000
3 Beds
2.5 Baths
2,332 SqFt
Status Active
MLS # 6770424
Property Type Single Family Residence
Price Type --
*Owner willing to carry!* Welcome to 445 W Grant Ave. One of the largest, custom homes you'll find this close to downtown Williams! Situated perfectly on a corner lot, the grand entrance ushers you in to 9ft ceilings, a grand, great room with an open kitchen and dining room. The kitchen features a gas range, an oversized island, and an abundance of custom cabinets. Step into the capacious Primary bedroom with an en-suite bath. Primary room features grand, walk-in closets and private access to the back patio. Attached bath include dual sinks, a soaking tub and a custom, oversized shower. The home also presents two additional large bedrooms, a full bath and a partial bath for all your guest needs. This house does not lack in space or storage! With multiple, oversized storage closets, abundance in cabinets and the two separate, attached, oversized garages gives you all the storage you could need. The backyard is poised perfectly for low maintenance with space to enjoy the cool mountain county. This home would make an excellent short term rental with close access to downtown Williams, or a second home for easy lock and leave!

2125 W Highridge Road Wickenburg, AZ 85390

$649,000
3 Beds
2.5 Baths
3,141 SqFt
Status Active Under Contract
MLS # 6736978
Property Type Single Family Residence
Price Type --
Welcome to this delightful home that perfectly combines comfort and countryside living. Set on a spacious 2-acre lot, this property offers scenic views and a small horse setup, ideal for equestrian enthusiasts. Inside, you'll find an inviting family room, perfect for relaxing and spending quality time together. The formal living room and formal dining room provide dedicated spaces for entertaining and special occasions. The modern kitchen is well-equipped with all the essentials, making meal preparation a breeze. The bedrooms offer cozy retreats, with the primary suite featuring an en-suite for added privacy and convenience. A versatile bonus/game room adds extra living space, perfect for entertaining guests, family fun, or quiet relaxation. Step outside to enjoy the expansive views and the beauty of nature that surrounds this property. The small horse setup adds a touch of rustic charm and functionality, making this home a rare find. Experience the perfect blend of modern living and rural serenity in this wonderful home. Your dream of countryside living with all the comforts of today awaits.

3514 W Riordan Ranch Road Phoenix, AZ 85083

$649,000
5 Beds
3 Baths
2,780 SqFt
Status Active Under Contract
MLS # 6734283
Property Type Single Family Residence
Price Type --
Stunning home in the Riordan Ranch community! Situated at the back of a cul-de-sac, this cozy 5 bedroom, 3 bathroom home has it all! One bedroom and full bathroom on the first floor for privacy. Four bedrooms and a loft upstairs makes for an easy use of space for all your comfort and entertaining needs! Enjoy the summer nights in the fabulous pool with water feature and oasis like, east facing backyard. Step out to the front of the home and take a look at the amazing preserve that allows for privacy in your neighborhood! Close to I-17 freeway, shopping and dining, Sandra Day O'Conner High School and many other great amenities makes this a home you will not want to miss!

21297 Antelope Road Paulden, AZ 86334

$649,000
3 Beds
2 Baths
1,951 SqFt
Status Active Under Contract
MLS # 6739434
Property Type Single Family Residence
Price Type --
Check out the video! Stunning views with State Land Access and Privacy! Enjoy 5 acres with, orchard and a lovely home built in 2022! This custom home has ample space with 3 bedrooms, 2 full bathrooms, office, and open floor plan. The kitchen with farmhouse sink, quartz counter tops and exquisite finishes opens up to the huge family room. The large 17x17 main bedroom has dual sinks, granite countertops, garden tub and large walk-in closet. Enjoy the great outdoors with plenty of room to customize your own fenced in land, fruit trees, chicken coop and shed. Just 15 minutes from Chino Valley shopping and services, this special place is remote but easily accessible and just close enough. Buyer to verify all listing information. Voluntary Neighborhood Road Maintenance.

15163 W Cameron Drive Surprise, AZ 85379

$649,000 - 5Br/3Ba -  for Sale in Rancho Gabriela Phase 3, Surprise
Open House
$649,000
5 Beds
3 Baths
3,684 SqFt
Status Active
MLS # 6775454
Property Type Single Family Residence
Price Type --
Welcome home! Recently renovated and turn-key! 5 spacious bedrooms, 3 bathrooms and a bonus loft + 3-car garage. New luxury vinyl flooring and tile floors throughout, formal living /dining room, kitchen with island, walk-in pantry, granite counters, stainless steel appliances, open to breakfast nook and family room overlooking covered patio, grassy backyard and pool w/ shark inlay. Upstairs to spacious loft for a 2nd family room! Primary suite w/sitting area, separate shower/tub and extra large closet and sleek renovated bathrooms. Added features include modern light fixtures and ceiling fans, surround sound, garage with attached cabinets and epoxy flooring. Enjoy community features of parks, greenbelts, playgrounds, sport court and sand volleyball court.

1263 E Brookwood Court Phoenix, AZ 85048

$649,000 - 4Br/3Ba -  for Sale in Rosewood Village At The Foothills, Phoenix
Open House
$649,000
4 Beds
3 Baths
2,388 SqFt
Status Active
MLS # 6740181
Property Type Single Family Residence
Price Type --
NEW AC Unit 11/24 - Beautiful 4 bedrooms plus loft 3 baths home .Private Gated Community. Courtyard Entry. Step inside to a Dream Kitchen with gorgeous white cabinets and upgraded countertops. Stainless steel appliances. kitchen island. Pantry Modern Light fixtures. Cozy great room with recess Lights. Neutral wood plank tile floors. Upstairs features Large Main Bedroom and Bath with separate Tub and shower large walking closet Dual Sinks 2nd & 3rd bedroom with walk in closet. Large open loft is great for playroom, Office or create your own custom space. Laundry Room with cabinets. One bedroom and baths downstairs for your guest or office. Shutters throughout the home. Modern ceiling fans. Low maintenance back yard with pavers and artificial turf area. HOA maintains front yard. Steps away from community pool. This area offers access to 202 freeway. YMCA. Shopping, Foothills Park. South Mountain Preserve for those who love to hike. Come take a Look.

14217 N 11th Way Phoenix, AZ 85022

$648,790
3 Beds
2 Baths
1,991 SqFt
Status Active Under Contract
MLS # 6765992
Property Type Single Family Residence
Price Type --
You'll be enchanted by this exquisite Moon Valley gem. Located in a quiet cul-de-sac, this breathtaking home has undergone recent updates, featuring new flooring, updated baths, double-pane windows, air conditioning, ductwork, fresh interior and exterior paint and more. This gorgeous kitchen is right off your Pinterest page. Two tone cabinetry, huge center island with quarts counters and new stainless appliances. However, your favorite retreat will undoubtedly be the backyard. Step through your 15-foot sliding doors into your private sanctuary, complete with a fenced pebble-tec pool, gazebo, firepit, and stunning landscaping. Whether you're entertaining guests or simply relaxing by the pool, you'll enjoy a beautiful and tranquil atmosphere. with plenty of privacy and mountain views.

3533 N Nathan Court Buckeye, AZ 85396

$648,000
3 Beds
2.5 Baths
2,536 SqFt
Status Active
MLS # 6751010
Property Type Townhouse
Price Type --
This stunning home in the private, gated community of Vallarta offers everything Verrado is known for and more. Perfectly situated on the acclaimed Founders Course, this meticulously maintained, model-style home boasts a prime location on a secluded cul-de-sac, with open grassy common areas and breathtaking golf course views. Featuring 3 bedrooms, 2.5 baths, with 3rd bedroom available for bedroom or office and owned solar panels with transferrable warranty (recent solar system inspection, inverter firmware upgrade) for minimal electric bills, this home has it all! Enter the gourmet kitchen, a chef's dream, complete with 42'' white cabinets adorned with champagne brass knobs, a stylish backsplash, quartz countertops, stainless steel appliances, a huge kitchen island with ample storage, pendant lighting, a gas stovetop, reverse osmosis drinking water system, pull out shelving, and soft close drawers. The stainless steel refrigerator is included making this space ready for your culinary adventures. Wake up to stunning views from the primary bedroom, which features tray ceilings, updated pendant lighting, and access to a private balcony offering panoramic views of the golf course, mountains, and cityscape. The luxurious primary bathroom boasts a spacious tile and glass shower, perfect for a refreshing start to your day. An additional bedroom, bathroom, and loft area complete the upper level, providing flexible living options. The open and airy great room concept floor plan includes a multi-glass sliding door that seamlessly integrates indoor and outdoor living, making it an entertainer's dream. The serene backyard, with extended pavers and a watering system for plants, is an ideal retreat with breathtaking mountain and golf course views. Enjoy cozy evenings by the outdoor fireplace or fire pit, perfect for relaxing and entertaining. Additional home upgrades include a custom wrought iron front door, commercial grade berber carpet and LVP wood-like flooring installed upstairs in 2022, plantation shutters, designer built-ins by Classy Closets, a high-end water softener, ceiling fans with dimmer remotes, and a fully painted exterior add to the home's appeal. Updated lighting in the powder bath, included washer and dryer, Comfort Cooling AC zone differential, owned security system with cameras through ADT, Google Nest door camera, animal deterrent fencing around exterior open fence areas and backyard rain gutters enhance the home's functionality and style. The garage features a heated/cooled air conditioner, garage cabinets, a workshop, and storage racks with a 700+ lb and added insulation in the ceiling for efficiency. Residents of Vallarta enjoy exclusive access to a private pool, set among charming tree-lined streets and lush green landscapes. Verrado offers an array of amenities, including shopping, local restaurants, hiking and biking trails, two additional outdoor pool locations, a fitness center, top-rated A+ schools, and over 78 parks. Community events are hosted throughout the year, creating a vibrant and connected lifestyle. With future developments, including outdoor shopping and a medical center just down the road, Verrado's convenience continues to grow. The HOA covers exterior paint, road maintenance, pool, and all front yard landscape maintenance including irrigation, and water, offering truly Lock and Leave, maintenance-free living. Come experience the best of the Verrado lifestyle in the luxury community of Vallarta. This home is PRICED TO SELL - don't miss out on this exceptional opportunity!

18410 N 70th Drive Glendale, AZ 85308

$648,000
3 Beds
2 Baths
1,942 SqFt
Status Active Under Contract
MLS # 6766686
Property Type Single Family Residence
Price Type --
Are you looking for a 1/2+ Acre Lot, with a 3 Bedroom/2 Bathroom/2 Car Garage Home with a separate Workshop/Garage/Man Cave Office that has room for 4 more Cars? Oh, there is also a Pool and Spa with a huge, covered Patio and plenty of grass areas to enjoy this Property. No, no, H.O.A.!!! The exterior of this Home and Workshop were just painted in September 2024 and a new Roof on the main Home was completed in May 2024. Check out the extensive Home Improvement List in the Document Section.

4346 E Earll Drive Phoenix, AZ 85018

$648,000
3 Beds
1 Bath
1,128 SqFt
Status Active
MLS # 6717228
Property Type Single Family Residence
Price Type --
Make this one yours! Welcome to Arcadia Osborn! This property offers various opportunities, from a turnkey/remodeled 3 bed, 1 bath home, to a Residential Office zoned space with various business opportunities. Covering a total of 9,282 sq. ft. corner lot, come and see what this property can do for you, or what might do for it.

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