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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2434 W Rowel Road Phoenix, AZ 85085

$630,990 - 3Br/3Ba -  for Sale in Aster In Union Park Norterra, Phoenix
Open House
$630,990
3 Beds
2.5 Baths
1,964 SqFt
Status Active
MLS # 6755330
Property Type Single Family Residence
Price Type --
Welcome to your NEW HOME at Aster in Union Park! This home offers 1,964 sq ft of living space with 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The primary bedroom has dual walk-in closets and a private deck. The Design features are the Elevated A package of upgrades including 42'' flagstone cabinets, quartz countertop, custom backsplash, large island, stainless steel gas range and tile flooring. HOA includes Union Park Amenities, front yard landscaping & maintenance along with concierge trash pickup. Union Park residents will enjoy the abundance of amenities that include, resort styled pool and lounge areas, a 5800 sq ft clubhouse, pickleball courts, basketball courts, 11 parks, playgrounds and walking paths. Easy access to 3 freeways within 10 minutes and 25 minutes to Airport.

831 E Wagoner Road Phoenix, AZ 85022

$630,000
4 Beds
2.5 Baths
2,226 SqFt
Status Active
MLS # 6753107
Property Type Single Family Residence
Price Type --
Welcome to this gorgeous 4-bedroom, 2.5-bath, two-story home nestled on a desirable N/S exposure lot in North Point Crossing, offering breathtaking mountain views, a sparkling blue pool, and a 3-car garage. Located just minutes from Desert Ridge and North Scottsdale, you'll have access to fantastic restaurants, premier shopping, entertainment, and the Mayo Clinic. This home truly has it all! Inside, you'll love the spacious layout featuring vaulted ceilings, luxury wood-like plank flooring in the formal living room and great room, oversized ceramic tile in the kitchen and baths, and new plush carpeting in all bedrooms, combining elegance with comfort. The updated gourmet kitchen is a chef's dream, showcasing matching LG appliances, stunning granite countertops, a stylish glass-tile backsplash, and a center island that opens to a bright dining nook, surrounded by bay windows. The adjacent great room boasts a cozy fireplace, perfect for gathering on cooler nights. Step outside to your resort-style backyard, complete with a refreshing pool, low-maintenance synthetic turf, and a decorative stamped concrete extended patioideal for relaxing or hosting family and friends. Upstairs, the luxurious primary suite offers a private balcony with picturesque mountain views. The ensuite bathroom features dual sinks, a glass-enclosed walk-in shower, a separate garden tub, a private toilet, and a spacious walk-in closet. The upper level is completed by three additional bedrooms and a full guest bath with dual sinks. Additional highlights include a new roof installed in 2022 and updated pool equipment in 2023. Plus, easy access to multiple freeways ensures convenient commuting. Don't miss the chance to make this stunning home your own - submit your offer today!

15743 W Sierra Street Surprise, AZ 85379

$630,000
5 Beds
3.5 Baths
4,035 SqFt
Status Active
MLS # 6701423
Property Type Single Family Residence
Price Type --
This impeccably upgraded home features freshly painted walls and new carpeting, enhancing its already charming appeal. From the stylish tile, cabinets, and granite countertops to the welcoming loft and game room, every detail exudes modern elegance. The master bedroom boasts luxury amenities, including a separate large tub and shower, double sinks, and not one, but two master closets. Additionally, there's a cozy den, perfect for relaxation or work. The expansive formal dining area adds to its allure. With its refreshed interiors and upgraded features, this home offers a perfect blend of comfort and sophistication for tenants to enjoy.

10420 E Cedar Waxwing Court Sun Lakes, AZ 85248

$630,000
2 Beds
2 Baths
2,116 SqFt
Status Active
MLS # 6768486
Property Type Single Family Residence
Price Type --
Gorgeous custom home with expansive water views in the Active Adult Community of Ironwood in Sun Lakes. Enjoy the resort lifestyle in this 2 BR, 2 BA home with full updates in kitchen and baths. Huge Arizona room/Lanai overlooking the water. Large private covered patio and a bonus room with patio access. Perfect for an office/den or craft room. You won't want to miss this one-of-a-kind home. Come, enjoy all the amenities Sun Lakes has to offer.

921 N 297 Drive Buckeye, AZ 85396

$630,000
4 Beds
2 Baths
1,896 SqFt
Status Active
MLS # 6748283
Property Type Single Family Residence
Price Type --
Home on over an acre of land, built in 2022 4bedrooms 2bathrooms split floor plan, with a two car garage. NO HOA

1202 E Palo Verde Drive Phoenix, AZ 85014

$630,000
3 Beds
2 Baths
1,782 SqFt
Status Active
MLS # 6762575
Property Type Single Family Residence
Price Type --
Discover this classic, single level, 3 bed, 2 bath home with no interior steps located in the desirable Escondido Hermosa neighborhood of North Central Phoenix. Beautifully remodeled throughout in 2021, the spacious floor plan features a large kitchen with an open eating area, flowing seamlessly into the expansive outdoor patios perfect for entertaining. The primary suite offers a cozy seating area, wood-beamed ceilings, walk-in closet, remodeled bathroom, and direct patio access through sliding doors. Highlights include skylights, block construction, a 2-car garage, and Tesla leased solar panels, keeping monthly energy costs low. Ideally located within walking distance of local dining and retail, and just minutes from the airport, hiking trails, and the Biltmore and Arcadia corridors. and the Biltmore and Arcadia corridors!

2057 E Marquette Drive Gilbert, AZ 85234

$630,000
4 Beds
2 Baths
2,142 SqFt
Status Active
MLS # 6772728
Property Type Single Family Residence
Price Type --
Rare remodeled single-story home with 4 bedrooms and a 3-car garage in desirable Val Vista Lakes! This open-concept home features soaring vaulted ceilings, a cozy fireplace, and a beautifully remodeled kitchen with stone countertops + farmhouse sink. Mix up your favorite beverage at the custom coffee/wet bar with mini fridge. Updated bathrooms add a fresh, modern touch. Outside, enjoy the large covered patio, mature trees, and low-maintenance artificial turf. Huge additional space to add your own pool / shop or other backyard entertainment. Lots of parks and trails just steps away. Perfectly located near the 60, downtown Gilbert, Epicenter and the Riparian Preserve. Don't miss this opportunity to own a stunning home in a prime location with desirable VV Lakes amenties and low HOA.

2739 E Sourwood Drive Gilbert, AZ 85298

$630,000
3 Beds
2 Baths
2,303 SqFt
Status Active
MLS # 6775275
Property Type Single Family Residence
Price Type --
This beautiful 3-bedroom, 2-bathroom home is in an unbeatable location that borders a common area on the side and with no neighbors behind for added privacy. Offering 2,303 sqft of spacious living, this home features large bedrooms, a den, and a bonus room for flexible use. The living room, complete with a gas fireplace, is perfect for relaxing in front of a warm fire, while the neutral interior paint tones, tile flooring, and big windows add to the bright atmosphere. The kitchen boasts beautiful granite countertops, walk-in pantry and an island. Outside, the covered patio opens up to a low-maintenance backyard with pavers, new artificial grass (2023) and new landscape lighting (2020). Fantastic upgrades include a new water heater (2024), new water softener (2024) and newer A/C (2020). Additional features include an alarm system and complete pest control update roof and exterior in 2023. This home is as functional as it is beautiful!

6795 W Miner Trail Peoria, AZ 85383

$630,000
4 Beds
3 Baths
2,799 SqFt
Status Active
MLS # 6768885
Property Type Single Family Residence
Price Type --
THIS IS THE ONE you've been looking for! Located on an interior corner lot in the highly sought after tucked away Sonoran Mountain Ranch community, this meticulously maintained home offers offset tile & luxury vinyl flooring throughout the first floor while plush carpeting graces its 2nd level. Upon entering & overlooking your covered front porch, you will find the formal living/dining/flex room with decorative window casings. Be prepared to be wowed by the large stunning kitchen complete with Black Galaxy Granite Counters, staggered Cherry Cabinets adorned with Crown Molding & ample storage, SS Appliances including a double oven, large island with even more storage, R/O, recessed lighting & pantry too. There is a nicely sized eat-in kitchen area that is open to your roomy family room complete with a built-in large media niche , surround sound speakers & decorative window casings. Beyond the family area is a fantastic flex room with glass French Doors, perfect for that home office, playroom, hobby room or guest quarters/5th BR. Right next to it is a full bath too, great for guests! As you make your way up to the 2nd level you will notice the built-in work desk at the foyer, 4 generously sized bedrooms, laundry room complete w/cabinets, W/D to stay & 2nd bath. The 2nd bath has a dual sink vanity with plenty of storage as well. The owner's suite is large & tucked away from the other bedrooms. Its private en-suite is perfectly placed at the owner's suite & hosts 2 separate vanities each with its own sink & storage areas, separate tub/shower, private water closet and HUGE closet! BR 2 has a custom white shiplap wall & decorative window casing & BR 4 boasts a walk-in closet & decorative wood accent wall. Each bedroom has amazing mountain views too! Time to head out to your backyard oasis! Because your new home is located on an oversized pie-shaped elbow lot there is plenty of room for everyone! Its large, covered patio leads you to an extended paver patio sitting area, great for dining al fresco! On the east side of the home there is a beautiful refreshing fenced play pool with a new Wi-Fi pool pump while the west side of the home has lush grass & mature trees. Don't forget to check out the large, 3 car tandem garage which has 2 access doors leading you into the home complete with built-in cabinets, workbench & a service door to the yard. New (23') AC system with Digital thermostats & mobile phone app capability too! With perfect curb appeal an Elegant Stone Elevation, beautiful mountain views & located on a private interior lot, this home has it all! Call for your private showing today!

37289 N Dartmoor Street San Tan Valley, AZ 85140

$630,000
5 Beds
3 Baths
2,534 SqFt
Status Active
MLS # 6770852
Property Type Single Family Residence
Price Type --
Seller may consider buyer concessions if made in an offer. Welcome to this beautifully maintained property, featuring a neutral color paint scheme and fresh interior paint. The kitchen is a chef's dream with a kitchen island, all stainless steel appliances and walk in pantry. The primary bathroom boasts double sinks and a separate tub and shower. The primary bedroom includes a spacious walk-in closet, perfect for all your storage needs. Step outside to a private in-ground pool and a covered patio, perfect for entertaining and fenced in backyard. Archer Meadows is a gated community with RV gates and RV parking available. Clubhouse, pool, splash pad, fitness center, playground so much more! Close to shopping & schools! This home is truly a gem, waiting for you to make it your own.

28755 N 131st Drive Peoria, AZ 85383

$630,000
4 Beds
3 Baths
2,222 SqFt
Status Active
MLS # 6773085
Property Type Single Family Residence
Price Type --
Beautiful premium corner lot with natural desert landscaping. Mountain view home in Sonoran Place. Enjoy the custom paver driveway and walkway to the covered porch as you enter the home. A wide entry with plank tile throughout. Plenty of room for guest with 2 bedrooms and a full bath in the front of the home. additional en suite with private entry access and large family room/office/craft or exercise room with a full bath and bedroom. This area is plumbed for a wet bar or kitchenette. Great for a multi-generation or guests or teens. Beautifully upgraded kitchen overlooking the great room. Gas cooktop. Decorative backsplash, walk in pantry and conveying fridge. The spacious owner suite boasts a large bathroom with double high sinks, a soaking tub and a walk in shower. Large master walk in closet. Resort style backyard. Large pool with a relaxing water feature. Baha shelf entrance in the pool. Artificial turf and desert views. No neighbors in back or to the right. Full size RV parking on the side of home with tons of space. No need to wait for a new build. His home has it all. More upgrades consist of complete home surround sound system. Remote control roller shades/blinds. Programmed water sprinkler system for all plants and trees. Comprehensive outdoor lighting. Heavy duty overhead storage racks in garage. Water softener system. Google nest camera doorbell. Keyless/coded front door lock. Paver RV driveway. Premium lot with views. This lot has HOA approval in place to allow RV to be seen over the fence. Only a selected amount of lots has this privilege available. Extended garage. Room for a golf cart. Low APS bills. Average $165 monthly wile living very comfortably. Solar monthly is $175.00 for the length of the lease. Fire sprinklers save on homeowners insurance. You have access to the Trilogy Golf Course and V's Taproom. Great DEAL. Washer and Dryer included. Come enjoy!!!

4612 W Agave Avenue Eloy, AZ 85131

$630,000
2 Beds
2.5 Baths
2,208 SqFt
Status Active Under Contract
MLS # 6767045
Property Type Single Family Residence
Price Type --
You'll love this popular MIRAMONTE model on a private lot, built in 2020. This stunning home features 2 bedrooms, 2.5 baths, a den, and an extended 3-car garage. The kitchen boasts Quartz countertops, upgraded cabinets with under-cabinet lighting, a custom wine rack, RO system, stainless steel appliances, a Blanco granite sink, and pendant lights. The master suite includes a tiled walk-in shower and granite vanities, while the guest room offers a spacious en-suite with a tiled shower. Other highlights include wood flooring, 8-ft doors, and a separate single garage with its own entrance, 220 amp, epoxy flooring, and mini-splitter. The landscaped backyard features extended pavers and a 20x20 patch of real grass, perfect for pets!

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