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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8519 E Sandalwood Drive Scottsdale, AZ 85250

$640,000
4 Beds
2 Baths
1,620 SqFt
Status Active
MLS # 6739772
Property Type Single Family Residence
Price Type --
Welcome to your first home in PRIME South Scottsdale! Ideally located just 2.5 miles from Scottsdale Fashion Square, Pavilions shopping, and Talking Stick Casino, this home also offers easy access to the 101 freeway for added convenience. You'll be in the sought-after Scottsdale School District, making it perfect for families or first-time buyers. Whether you're beginning your homeownership journey or growing your family, Sandalwood Dr is the perfect place to create lasting memories. Don't miss your chance—say yes to this address and make it yours today!

4254 S Winter Lane Gilbert, AZ 85297

$640,000
4 Beds
3 Baths
2,869 SqFt
Status Active
MLS # 6757979
Property Type Single Family Residence
Price Type --
Premium Location and corner lot right across from the park. No neighbors on 3 sides of the home. 4 bedrooms and 3 full bathrooms. There is a large bonus room with real wood flooring. Kitchen has 42 inch Cherry cabinets, kitchen island, and stainless steel appliances. Master bedroom is upstairs with a huge walk in closet, dual sinks, separate tub and shower. Two secondary bedrooms upstairs and one bedroom downstairs with a full bathroom. Epoxy flooring in the garage Beautiful backyard sitting area with view fence over looking the grassy area in the back

13672 W Jesse Red Drive Peoria, AZ 85383

$640,000
3 Beds
2.5 Baths
2,603 SqFt
Status Active
MLS # 6680532
Property Type Single Family Residence
Price Type --
Welcome to the Desert Paradise known as Vistancia. Nestled adjacent to the mountains you will enjoy an unobstructed view of the mountainous open desert from your entertainer's delight of a backyard. The outdoor entertainment area features mature tropical landscaping, ample ground and decorative lighting, a large rectangular swimming pool including swim up bar stools, shallow sunning deck and lighting. The large pergola covers a fire pit table, large screen television and a chef's delight of an outdoor kitchen. Accent lighting refines the space while enhancing the ambiance. This home is accented with mountain views from the master bedroom, spacious open floor plan, and an exceptionally large garage offering an abundance of closets and storage. The kitchen has been remodeled with New Kitchen Aid appliances. This beautiful home has far too many extraordinary features and benefits to list. It is a Must See on your home shopping tour. The Vistancia lifestyle offers premium, top rated schools, a Home Owner's Association that provides concerts, clubs, poker tournaments, indoor basketball court and family based activities for nearly every holiday. Call for your private tour of this exceptional property in an absolutely wonderful community.

21386 E Kingbird Drive Queen Creek, AZ 85142

$640,000
5 Beds
3 Baths
2,654 SqFt
Status Active
MLS # 6699836
Property Type Single Family Residence
Price Type --
Looking for a new build but do not want to wait?? Nestled in the serene surroundings of Queen Creek, this property is a blend of modern luxury and comfort, set against the backdrop of spectacular mountain views. With no one behind to obstruct your view this home is a rare find. This exquisite home boasts five spacious bedrooms, and three bathrooms, with a generous interior space of 2648 sq. ft. The moment you step inside you will be greeted with an open floor plan blending living, dining and kitchen areas perfect for entertaining and family gatherings. The kitchen is a chefs dream featuring sleek grey shaker cabinets, Antique Bianco granite countertops, state of the art appliances, including Samsung Bespoke smart fridge. Lighting is upgraded with Pottery Barn fixtures. See more.. Premier primary bathroom with custom tile surround. This smart home comes equipped with the technology offering convivence at your fingertips. Exterior is just as amazing with real grass, sprinkler system, and inviting pavers in the back yard. This home has a full bedroom and bathroom downstairs as well. Community has a heated pool and park with playground right across the street. Home comes with upgraded Samsung Duo washer and dryer as well as a full clothes steamer in the laundry room.

6346 N 14th Street Phoenix, AZ 85014

$640,000
2 Beds
3 Baths
2,283 SqFt
Status Active
MLS # 6703109
Property Type Townhouse
Price Type --
Welcome to your dream home! This stunning Uptown house with 2 bedrooms, 3 full bathrooms, and office space, and separate den offering ample space for comfortable living. With spacious bedrooms, walk in closet, an open-concept kitchen, separate laundry room, and a private pool, luxury meets functionality here. This house is situated in gated area with a private street. Located in the greatly desired Madison School District only minutes away from Biltmore, PHX airport, downtown Phoenix, and Scottsdale. Enjoy the convenience of a 2-car garage. HOA covers: COX cable with all the movie channels ($130 value), landscaping and maintenance in common areas, as well as landscaping of grass along the front of the house. Don't miss out on the opportunity to make this your new home.

1596 High Country Drive Heber, AZ 85928

$640,000
3 Beds
2.5 Baths
1,810 SqFt
Status Active
MLS # 6703861
Property Type Single Family Residence
Price Type --
Stunning mountain retreat in High Country Pines nestled on a heavily treed .50-acre homesite on a private cul-de-sac. This 3 BR/ 2.5 BA is more than just a home; it's a sanctuary where nature's beauty surrounds this beautiful cabin. This home boasts a great room with a wood burning fireplace embraced by floor to ceiling river rock, chiseled slab granite in the kitchen with an island, gas stove, tiled backsplash, spacious laundry room with cabinets and sink, bathrooms are stone counters, travertine tiling in the baths/shower, knotty pine interior doors and ceiling, bay windows, central heat /AC, the master has dual vanities and a private balcony. The exterior offers a 2 car garage, flagstone and a firepit. The spacious rear deck brings breathtaking treetop vistas with panoramic views.

15413 W Alexandria Way Surprise, AZ 85379

$640,000
4 Beds
3 Baths
2,906 SqFt
Status Active
MLS # 6713660
Property Type Single Family Residence
Price Type --
A must see. This 4-bed, 3-bath home in Marley Park! Displaying a 2-car garage, manicured landscape, & a cozy front porch. Fabulous interior features tons of natural light, designer paint, & wood-look tile flooring w/carpet in bedrooms. Discover the welcoming living room, formal dining room, and an inviting family room that opens to the kitchen! SS appliances, granite counters, a walk-in pantry, mosaic tile backsplash, a breakfast bar, & staggered cabinetry w/crown Moulding make up the culinary space. Main bedroom has outdoor access and an ensuite with two vanities, separate tub/shower, & a walk-in closet. Laundry room w/sink & cabinetry. Side patio for a morning coffee! Enjoy the entertainer's backyard with a covered patio, pavers, firepit, hot tub, & a refreshing pool & owned solar.

12622 N 58th Avenue Glendale, AZ 85304

$640,000
5 Beds
3 Baths
4,059 SqFt
Status Active
MLS # 6724205
Property Type Single Family Residence
Price Type --
Discover this 5-bed, 3-bath gem nestled in a friendly community, offering 4,059 sq ft of spacious living. The upgraded kitchen is a chef's dream, complete with modern amenities. The master suite features a luxurious, renovated bath, setting the tone for ultimate relaxation. Fresh paint elevates the interior, giving it a new, vibrant look. Step outside to a low-maintenance backyard, complete with a massive workshop for the DIY enthusiast. The 3-car garage boasts custom cabinets, plus an RV gate for added convenience. Situated in the highly-rated Peoria Unified School District and minutes from 101 & I-17 freeways, shopping, and dining. Don't miss this exceptional home!

3424 E Wyatt Way Gilbert, AZ 85297

$640,000
5 Beds
2.5 Baths
3,094 SqFt
Status Active
MLS # 6731650
Property Type Single Family Residence
Price Type --
PRICE REDUCED!! HOME IN GILBERT'S DESIREABLE SAN TAN RANCH! 2 story, open concept floorplan with 5 Bedrooms +a huge Loft. Freshly painted interior with updated wood look tile throughout. The upgraded bright, white, eat in Kitchen has newer marble counters, stainless appliances with gas range & hood, farmhouse sink, island, custom tile backsplash, pantry & opens to spacious Great Room. Huge 1st level primary bedroom with separate door to backyard pool! Entertain guests in the Formal Dining Room. Upstairs find an enormous Loft & 4 very spacious Bedrooms with Hall Bath. Sparkling pool with water feature finishes off this great family home. Just needs a little more TLC & you will have an exceptional family home in a great Gilbert location for a value price!

13609 W Pinchot Avenue Avondale, AZ 85392

$640,000
5 Beds
3 Baths
3,626 SqFt
Status Active
MLS # 6735245
Property Type Single Family Residence
Price Type --
Discover your meticulously maintained Home Sweet Home in this stunning cul-de-sac property! This residence features 5 spacious bedrooms with ceiling fans, 3 baths, a killer home gym and a versatile loft. Enjoy both living and family rooms, plus a formal dining room for elegant gatherings. The primary bath offers a garden tub, separate shower, and walk-in closet. The chef's kitchen boasts an island with a breakfast bar, granite countertops, a large walk-in pantry, and upgraded cabinetry with ample storage. Additional perks include extra shelving in the laundry room and a huge backyard with a covered patio extending almost the entire width of the home, with plenty of room to add a pool. Plus, there's a park right across the street! Don't miss out on this spectacular home

9422 S 7th Place Phoenix, AZ 85042

$640,000
3 Beds
3 Baths
2,251 SqFt
Status Active
MLS # 6742555
Property Type Single Family Residence
Price Type --
New home in the gated community of Avance, where modern meets mountain. Check out this stunning contemporary 3 bed, 3 bath home with a 3-car garage and den built in 2022 that checks all the boxes! Pull in past the gates and take note of the breathtaking 360-degree mountain views as you drive up to the property. Step inside and be greeted with a beautifully designed interior, abundant natural light, open floor concept, and exquisite flooring throughout. Prepare your favorite meal in the upgraded kitchen featuring a functional oversized island, under mount Blanco sink, plenty of custom cabinetry, and a walk-in pantry. This home is LEED® and EnergyStar® certified, boasting energy-efficient tankless hot water heaters, energy-efficient windows, and a water softener. The backyard is a blank canvas for you to create your own perfect outdoor oasis. The community amenities are top-notch! Head over to the community center for a refreshing dip in the sparkling pool, unwind in the spa, work up a sweat in the fitness center, challenge your friends to a game of ping pong, or gather around the custom fire pit to stargaze. The resort-style living at the foothills of South Mountain in the master-community of Avance includes a state-of-the-art recreation center with a 3,600-square-foot beach-entry pool perfect for laps and leisure, a spa, and a fitness center equipped with a weight room, cardio area, aerobic and strength training classes. In addition, Avance features seven neighborhood parks with various amenities such as volleyball courts, oversized outdoor fireplaces, and scenic walking paths. With direct access to over 16,000 acres of hiking trails, this location offers the best of both worlds - the peace and tranquility of mountain life with easy access to the vibrant nightlife of Downtown Phoenix. Don't miss this rare opportunity to live in the luxurious gated community of Avance, nestled at the foothills of South Mountain Preserve. Experience the ultimate in modern living!

9802 S 46th Street Phoenix, AZ 85044

$640,000
4 Beds
3.5 Baths
2,417 SqFt
Status Active
MLS # 6759316
Property Type Single Family Residence
Price Type --
Welcome to your dream home! This stunning 4-bedroom, 3.5-bathroom property offers luxury living in a serene Ahwatukee neighborhood with no HOA. The spacious design features high ceilings and large windows, flooding the home with natural light and offering breathtaking views of the heated pool, spa, and mountains beyond. The master suite is a private retreat, complete with an en-suite bathroom and a walk-in closet. The functional kitchen is equipped with reliable appliances, ample storage, and a convenient layout perfect for daily cooking or entertaining. One of the home's standout features is the windows that provide a seamless connection between indoor and outdoor living. Step outside to enjoy the large heated pool and spa, perfect for year-round relaxation and entertainment. Above, the second-story deck spans the entire length of the home, offering panoramic views of the pool, spa, and surrounding mountainsideal for enjoying your morning coffee or watching the sunset, with the high block wall providing extra privacy. Located minutes from major freeways, scenic hiking trails, golf courses, and top-tier restaurants, this home offers the best of both convenience and tranquility. Don't miss the chance to make this stunning property yours!

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