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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6565 E Thomas Road Unit 1126 Scottsdale, AZ 85251

$645,000
3 Beds
2 Baths
1,569 SqFt
Status Active
MLS # 6740313
Property Type Townhouse
Price Type --
Location, Lifestyle & Luxurious Living in Scottsdale AZ! This is a pristine, urban condo with rare 2 car attached garage. This 3 bedroom, 2 bath townhome offers a spacious kitchen - open concept - dining and great room. Large primary bedroom with an en suite, with dual sinks, separate shower, luxurious bath and large walk-in closet. The additional bedrooms are privately split from the primary bedroom. Enjoy Arizona sunrises from your private balcony. Diamante's gated community offers two resort style pools and plenty of gas grills; perfect for entertaining. Just minutes away from Old Town Scottsdale, Arcadia, and Phoenix Sky Harbor airport, this location can't be beat!

5100 E Rancho Paloma Drive Unit 2059 Cave Creek, AZ 85331

$645,000
2 Beds
2 Baths
1,990 SqFt
Status Active
MLS # 6749719
Property Type Apartment
Price Type --
VIEWS, VIEWS, VIEWS! Discover the best location for this end-unit condo in a beautiful newer and spacious gated community in Cave Creek. This residence offers generous square footage, featuring 2 bedrooms +an open den, and bright, open floor plan freshly painted & move-in ready! Meticulously maintained, home showcases modern contemporary design with neutral finishes, quartz countertops, 42'' cabinets, and a lg kitchen island. Refrigerator, washer, and dryer are included. The Primary Bedroom offers breathtaking views & includes an updated walk-in shower in the Primary Bathroom. This condo is Energy Star certified, equipped with Energy Star appliances, Low-E windows, & impressive energy efficiency rating from 2018. Spectacular views from the 14' sliding door that opens to large balcon

32120 N 167th Avenue Surprise, AZ 85387

$645,000
4 Beds
2.5 Baths
2,433 SqFt
Status Active
MLS # 6754547
Property Type Single Family Residence
Price Type --
**TRANQUILITY IN THE DESERT** This home boasts 4 bedrooms, 2.5 baths and a split floorplan. A roomy master suite with a luxurious bathroom attached. Large walk-in shower with separate soaking bathtub. Features a spacious walk-in closet with walkout access to the back patio. The three additional bedrooms are generously sized, all with large walk-in closets. You will find an abundance of storage, with sizable linen and hall closets, a large laundry room, and a walk-in pantry. The kitchen, with its granite countertops, is perfect for entertaining, complete with a breakfast bar. A 2.5 car garage provides enough space for your vehicles. Big lot has plenty of room for storage of your toys or RV. Blank canvas out back is ready for your design! Enjoy HOA-free living with beautiful desert views!

14667 N Love Court Fountain Hills, AZ 85268

$645,000
2 Beds
2 Baths
1,307 SqFt
Status Active
MLS # 6762853
Property Type Single Family Residence
Price Type --
Price Improved $26,000 - Wow! $100,000 plus of on trend updates since last owner. Don't let this house built in the 80s fool you. Located in quiet cul-de-sac lot with no homes behind you. This Single level great room floor plan with 2 split primary bedrooms with a bonus flex space, 2 well appointed remodeled bathrooms, 2 car garage with 32' lap/diving pool with outside shower, and newer Hollywood hedges and pool deck. Updates include LVP flooring through out, New kitchen, built in desk and beverage bar with quartz countertops, Murphy secret walk in closet, stack rock fireplace, A/C is under warranty with Parker and Sons completely updated roof just to name a few. Interior/Exterior has been painted in a neutral color palette, creating a warm and inviting atmosphere. The primary bedroom has chevron feature wall with a spacious walk-in closet with room for fitness equipment and provides direct access to the patio area, perfect for enjoying your morning coffee and evening cocktails. Updated primary bathroom offers a spa like Zen experience which includes new vanity and makeup vanity dressing area. Spa like shower with large rain head shower, lighted shower shelving/cubbies, and faux succulent cactus wall with low maintenance tile. Completely remodeled kitchen with new cabinets, Island on wheels that gives flexibility in position, with new stainless appliance package. Pantry with pull outs, pull out garbage, large one basin sink and island that is on wheels, that can be turned. Trash is a pull out cabinet, and sink looks out to pool. There is a beautiful backsplash with quartz counters and new hardware on all the cabinets. Step into your flex space with built in desk with quartz counter and walk up beverage bar. Endless possibilities for this flex space for more dining, office, work out, or more entertaining or work from home situation. Laundry is conveniently located near the primary bedroom with folding bar and shelving to organize household items. Guest room is split from primary bedroom and has a well appointed remodeled bathroom with title and lighting, and privacy for owners. All in the beautiful community of Fountain Hills near shopping restaurants, and the Fountain.

318 N Washington Street Chandler, AZ 85225

$645,000
4 Beds
2 Baths
1,675 SqFt
Status Active
MLS # 6759421
Property Type Single Family Residence
Price Type --
Walking Distance to Thriving Downtown Chandler In Silk Stocking Historic Neighborhood, Many opportunities for this Updated Duplex on a 7,449 Sqft Lot Across AZ Ave from Historic Chandler High School and Chandler Center of the Arts. Currently One Unit is MTM at $1950. The other is Ready For either Long Term Market Rents, Owner/User With Income. Both Units are 2 Bed 1 Bath/Tubs with Laundry, The back Unit has An Extra 450 sf Room with Its Own Outside Entry Door That Can Be Used for a Third Bedroom, Office Or Workshop with Air. Laminated Flooring in all living and Bedrooms with Tile in Kitchens and Baths. Security on All Doors and Keyless entry pads on Front Doors. All Facts and Figures are Approximate, Buyer to Verify to their own Satisfaction

2124 E Osborn Road Phoenix, AZ 85016

$645,000
3 Beds
2 Baths
2,084 SqFt
Status Active
MLS # 6761427
Property Type Single Family Residence
Price Type --
Fantastic opportunity in the sought-after Loma Linda neighborhood! This 3-bed, 2-bath, 2,084 sq ft home offers a refreshing pool with a tranquil waterfall, perfect for relaxation or entertaining. A 2005 addition expanded the living space with a generous family room, an extra room with a private entrance ideal as a 4th bedroom or office, and an enlarged primary suite featuring a walk-in shower. The kitchen and bathrooms were beautifully remodeled in 2019 including cabinets with soft close doors & pull-out shelves. new windows installed in 2012, pool updated in 2023. North-south exposure, RV gate access, and no HOA make this a rare find! Don't miss out!

10744 W Briles Road Peoria, AZ 85383

$645,000 - 3Br/3Ba -  for Sale in Tierra Del Rio Parcel12 Replat, Peoria
Open House
$645,000
3 Beds
2.5 Baths
2,512 SqFt
Status Active
MLS # 6747063
Property Type Single Family Residence
Price Type --
This gorgeous home with a sparkling POOL is move in ready & fully upgraded! Gourmet kitchen w/ white cabinets, stainless steel appliances, 5 burner gas range w/ hood, wine fridge, large pantry & granite counters. Tandem garage 48' long to fit your SUV, boat, etc. Great floor plan w/ den (or bedroom) or could change to a formal living in front, large great room, soaring vaulted ceilings bringing natural light throughout the whole home. The powder room downstairs can easily have a shower added. Plumbing already installed. Upstairs is open loft, two large bedrooms and the primary suite. Backyard features sparkling pool and covered patio w/ low maintenance turf that has sprinkler system to keep it cool for your kids/pets. Across the street from the park.

2930 N 154th Drive Goodyear, AZ 85395

$644,999
3 Beds
2.5 Baths
2,614 SqFt
Status Active
MLS # 6722894
Property Type Single Family Residence
Price Type --
This gorgeous 3 bed/2.5 bath home located in the lovely adult golf course community of Pebblecreek just underwent substantial updates and renovations for you to enjoy and call home! Beautiful updates include painted kitchen cabinets, new paint throughout interior of home, new vinyl flooring, fresh New cool deck paint, landscape timer. golf cart garage was converted to an A/C controlled gym. Family room has vaulted ceilings, a fireplace, and built in niche. This home has so much space to enjoy with its over 2600sf, Sparkling private Pebble-Tec pool and above-ground hot tub. 2-car garage has built in storage cabinets, There are outside storage cabinets on one side of the home and a shed on the other for additional storage. Leased solar as an added bonus! You don't want to miss this one!

13325 W Luke Avenue Litchfield Park, AZ 85340

$644,999
3 Beds
2.5 Baths
2,432 SqFt
Status Active
MLS # 6735757
Property Type Single Family Residence
Price Type --
This Modern Move-In ready 3bd, 2.5ba home with den/office has been updated and ready for the holidays celebrations. Located in the gated community of Dreaming Summit in Litchfield Park, this home has a split floor plan with new flooring throughout, a gourmet kitchen with an updated island that opens up to the Great Room and many more upgrades. Enjoy this perfect weather with an extended patio, built-in BBQ, and a private pool with RV gate. Modern finishes and a spacious layout make this the perfect place to make your home. The main suite is your private sanctuary, direct backyard access, a luxurious ensuite, and a walk-in closet. There's also a dedicated office with built-ins, perfect for remote work or study. The backyard is an entertainer's paradise, offering a covered patio, a pergola, a built-in BBQ, and a sparkling pool. Don't miss out on this modern dream home - act now!

22675 E Happy Road Queen Creek, AZ 85142

$644,948
4 Beds
3 Baths
2,546 SqFt
Status Active
MLS # 6761632
Property Type Single Family Residence
Price Type --
Brand new home, under construction in Queen Creek. Move in anticipated for approximately Jan/Feb. Ranch exterior style. 4 bedroom, 3 bathroom, and 3 car side-by-side garage. Gourmet appliances include stainless gas cooktop, oven, microwave, and dishwasher. Upgraded 42'' white cabinets are complemented by white quartz designer countertops and a stunning tiled backsplash. Wood-look tile throughout the home and plush carpet in the bedrooms. Home warranty included! Enjoy an amenity-rich lifestyle with community fitness center, sparkling pool and jacuzzi, pickleball courts, basketball, shaded play structures, play lawns, 2 dog parks, and more. PREMIUM HOMESITE, this home has no neighbor directly behind and backs to a greenbelt. Please ask about our special financing incentives!

28228 N 213th Drive Wittmann, AZ 85361

$644,900
4 Beds
2.5 Baths
2,142 SqFt
Status Active
MLS # 6754209
Property Type Single Family Residence
Price Type --
GATED ENCLAVE. This home is the first home on the west side. Situated on a dead end,1.12 acre canvas of potential, this brand new home is a blank canvas waiting for your personal touches. With 2,142 square feet of living space, it is the perfect blend of comfort and sophistication. Need space for your toys? This home boasts an attached 55X13.6 foot RV garage, so your RV, LQ or toys will easily fit here. Upon entering, you will encounter high-end touches such as elegant quartz countertops, crown molding, 5'' baseboards, sleek tile wood-like floors, and modern fixtures throughout. Entertain in the open-concept living space where the gourmet kitchen is the heart of the home. Equipped with stainless steel appliances, ample counterspace, a separate walk in pantry, and a ton of storage space culinary delights are just waiting to be created. Your primary bedroom is split with an ample bathroom that includes dual sinks with quart countertops, a curbless shower and separate soaking tub, and large walk-in closet. Outside, let your imagination run wild. Whether you are dreaming of creating an oasis with a sparkling pool, shade trees and gardens or a mare motel and loping arena, it's right here waiting for you. For the energy conscious Buyer, the ceiling has foam insulation equivalent to R16 and it keeps the bugs and dust out. Concerned about the leach field location? This septic system has a vertical leach field so you don't have to worry about where the lines are when you are installing your dream pool or mare motel. And, this is synthetic stucco so you never need to paint it. There is a complete list of features under the document tab in the MLS that is available to the public. Hurry and make this home your own.

28312 N 213th Drive Wittmann, AZ 85361

$644,900
4 Beds
2.5 Baths
2,142 SqFt
Status Active
MLS # 6721829
Property Type Single Family Residence
Price Type --
GATED ENCLAVE. This home is 2 houses north. Situated on a dead end,1.12 acre canvas of potential, this brand new home is a blank canvas waiting for your personal touches. With 2,142 square feet of living space, it is the perfect blend of comfort and sophistication. Need space for your toys? This home boasts an attached 55X13.6 foot RV garage, so your RV, LQ or toys will easily fit here. Upon entering, you will encounter high-end touches such as elegant quartz countertops, crown molding, 5'' baseboards, sleek tile wood-like floors, and modern fixtures throughout. Entertain in the open-concept living space where the gourmet kitchen is the heart of the home. Equipped with stainless steel appliances, ample counterspace, a separate walk in pantry, and a ton of storage space, culinary delights are just waiting to be created. Your primary bedroom is split with an ample bathroom that includes dual sinks with quart countertops, a curbless shower and separate soaking tub, and large walk-in closet. Outside, let your imagination run wild. Whether you are dreaming of creating an oasis with a sparkling pool, shade trees and gardens or a mare motel and loping arena, it's right here waiting for you. For the energy conscious Buyer, the ceiling has foam insulation equivalent to R16 and it keeps the bugs and dust out. Concerned about the leach field location? This septic system has a vertical leach field so you don't have to worry about where the lines are when you are installing your dream pool or mare motel. And, this is synthetic stucco so you never need to paint it. There is a complete list of features under the document tab in the MLS that is available to the public. Hurry and make this home your own.

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