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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1775 W Green Tree Drive San Tan Valley, AZ 85144

$624,950
5 Beds
2.5 Baths
3,577 SqFt
Status Active
MLS # 6763012
Property Type Single Family Residence
Price Type --
Welcome home to this spacious 3576 sqft 2 story house with 5 bedrooms and 2.5 bathrooms. Brand new carpet and vinyl floors throughout the house. Separate living room and family room, formal dining. Kitchen with solid wood cabinets, kitchen island, brand new microwave and range. Shutters throughout the house. Huge loft upstairs. It's located next to the community park. Schools nearby. Within 30 minutes from San Tan Mountain Casino and Queen Creek Olive Mill.

16213 N 9th Place Phoenix, AZ 85022

$624,950
3 Beds
2 Baths
1,910 SqFt
Status Active Under Contract
MLS # 6745175
Property Type Single Family Residence
Price Type --
BUYER COULD NOT PERFORM-BACK ON MARKET!!! Brand new roof!! Welcome to this beautifully remodeled 3-bedroom, 2-bathroom ranch-style home at 16213 N 9th Place! Located in a peaceful cul-de-sac, this 1,910 sq. ft. home features an open concept living space with a split floor plan, hardwood floors, a custom kitchen with a large island, coffee bar, and white cabinets that complement sleek silver appliances. The dual shower bathrooms with elegant double sinks add a touch of luxury. Outside, enjoy the covered patio, oversized backyard, RV parking, and desert landscaping. The community offers a private park, playground, and green belt, and it's just minutes from Lookout Mountain with easy access to the I-17 and 51 freeways. This home has it all!

18354 W Piedmont Road Goodyear, AZ 85338

$624,925
4 Beds
3 Baths
2,785 SqFt
Status Active Under Contract
MLS # 6757126
Property Type Single Family Residence
Price Type --
Exceptional one-story pool home on a premium corner lot in a fantastic location! Boasting a 3-car garage and easy-to-maintain landscaping, this property is designed for convenience and style. Step into the exquisite great room, where a cozy fireplace, built-in media niche, and stunning backyard views create a welcoming atmosphere. The chef's kitchen is a culinary delight, featuring staggered cabinets, a pantry, SS appliances, tile backsplash, and spacious island w/breakfast bar. The main bedroom is a true retreat, complete w/a private exit to the backyard and a luxurious bathroom that includes double sinks, a soaking tub, a step-in shower w/glass block wall, and a walk-in closet. The backyard is an oasis of relaxation, w/lush greenery, covered patio, soothing spa and pristine heated pool. SELLER-PAID HOME/POOL WARRANTY! NEW CARPET in all bedrooms and great room. Built-in speaker system for great room, primary bedroom, and back porch area! Roof underlayment replaced in 2022. Shower upgraded in 2024. Convection oven, convection microwave, and dishwasher were replaced in 2023. Primary bedroom AC condenser and coil were replaced in 2023. Pool pump and filter were replaced in 2022. Pool Pebble-Tec was resurfaced in 2020. Upgraded custom glass front door. Experience the incredible lifestyle of Estrella's lake community, offering unbeatable value-for-money amenities. This picturesque community features two man-made lakes with scenic walking paths, perfect for enjoying the outdoors. Residents can also enjoy two well-appointed residents' centers, Starpointe and The Presidio, each with its own café or restaurant, fully equipped fitness centers, and swimming pools. For those seeking more active pursuits, Estrella offers a lap pool, a fantastic splash water park, and sports enthusiasts will appreciate the basketball, volleyball, tennis, and pickleball courts. Multiple parks provide ample green space, while boating and fishing opportunities abound on the lakes. Miles of hiking trails and bike paths wind through the community, offering breathtaking views and a chance to stay active outdoors. Estrella is also home to one of the valley's top golf courses, a Jack Nicklaus-designed course managed by Troon, with discounted green fees offered to residents. Don't miss out on this spectacular home in Estrella. Experience the wonderful lifestyle that awaits you!

12810 S 209th Lane Buckeye, AZ 85326

$624,900 - 4Br/2Ba -  for Sale in Long Legal, Buckeye
New
$624,900
4 Beds
2 Baths
1,983 SqFt
Status Active
MLS # 6778549
Property Type Single Family Residence
Price Type --
What a home! Very well kept 2017 home on 1 ac of ready to bring the horses & toys fenced property! Interior updates include large rooms, kitchen has bay window, R/O, granite counters & island, ceiling fans throughout, newer carpet & blinds, and surround sound wiring in the living room & patio. Exterior security doors, property has large top rail pipe fencing, extended covered back patio & sparkling newer play pool with beautiful travertine & water feature. Patio area has a grass area with timed sprinklers, large 3 car garage with water softener. Horse arena and open-air shade structure with 5 covered horse pens & room for hay, RV & trailer parking & 3 RV gates & 50 amp RV plug. This home is a horse lovers dream! Riding trails are less than 1/2 mile away! Don't miss this gem

6750 W Via Montoya Drive Glendale, AZ 85310

$624,900
4 Beds
2.5 Baths
2,539 SqFt
Status Active
MLS # 6756139
Property Type Single Family Residence
Price Type --
Spacious 4-bedroom, 2.5-bath home with over 2,500 sqft of living space! This inviting property boasts a generous floor plan featuring tile and wood flooring in high-traffic areas. The chef's kitchen is a culinary enthusiast's dream, offering abundant cabinet space, a large island with pendant lighting, high ceilings, and stainless steel appliances. The primary bedroom provides ample room with an en suite featuring dual sinks, a separate stand-in shower, and a walk-in closet. Vaulted ceilings and a great room add to the home's open, airy feel. Step outside to a covered patio, ample backyard space with cozy seating areas, and an outdoor fireplace perfect for entertaining. Plus, enjoy the convenience of a 3-car garage. Don't miss out on this gem!

9023 S Dean Road Buckeye, AZ 85326

$624,900
4 Beds
2 Baths
2,148 SqFt
Status Active
MLS # 6762884
Property Type Single Family Residence
Price Type --
This Stunning, Custom 4BD/2BA plus office/den Home features 2,148 sq ft of Gorgeous, living space situated on a Huge lot! Enjoy the breakfast bar, ample, custom cabinetry w/lots of counter space in this Amazing, chef's kitchen, w/custom stone backsplash & under-mount cabinet lighting. Luxurious LED fixtures enhance the home's ambiance, while the Luxury, Spa-like bathroom features custom tile, a rain shower head, & water jets! Eco-friendly w/paid-off solar panels! & a sediment filtration system! this home is stylish & sustainable. The wood-like, tile flooring throughout and with no HOA, you have freedom & flexibility. Spacious 3-car, side-entry garage & dedicated, fenced-in dog run, complete this perfect modern oasis in the desert! You have to see this one to believe it!

20933 N 70th Drive Glendale, AZ 85308

$624,900
2 Beds
2.5 Baths
1,731 SqFt
Status Active
MLS # 6765349
Property Type Single Family Residence
Price Type --
This meticulously maintained property in the gated community of Palomino in Arrowhead Ranch features 2 spacious bedrooms, both ensuite + a versatile office space, large kitchen and great room with a cozy gas fireplace. Relax year-round in your private heated spool (spa+pool) and enjoy the serene atmosphere of the Arizona sunsets. In addition to its prime location, this community boasts stunning lakes, offering a peaceful and scenic environment perfect for evening strolls. Conveniently located near restaurants, shopping, and major freeways, this home provides easy access to all the amenities you need, including hiking & biking trails for outdoor enthusiasts. Experience the best of Arizona living in this highly sought-after lake community in this perfect lock & leave or full time residence.

2055 W Edgemont Avenue Phoenix, AZ 85009

$624,900
3 Beds
2 Baths
2,061 SqFt
Status Active
MLS # 6764540
Property Type Single Family Residence
Price Type --
Exquisitely updated 3 bedroom 2 bathroom private gated backyard and garage access corner lot. beautiful timeless finishes and well maintained property., no maintenance backyard with artificial turn and putting green

3116 W Vista Bonita Drive Phoenix, AZ 85027

$624,900
3 Beds
2 Baths
1,961 SqFt
Status Active Under Contract
MLS # 6771054
Property Type Single Family Residence
Price Type --
This beautiful 3-bedroom, 2-bathroom home has OWNED SOLAR and sits on a spacious lot with stunning mountain views! The home features vaulted ceilings, large dual-pane windows, tile flooring, and plush carpet throughout, creating a bright and welcoming atmosphere. The family room features a cozy gas fireplace. The kitchen boasts granite countertops, a pantry, formal dining area, and an island with a breakfast bar. The primary suite includes a walk-in closet and a full ensuite bathroom. Outside, enjoy a covered patio that overlooks a beautifully landscaped backyard with lush grass, vibrant flowering plants, and trees, plus a private play pool with a water feature. The 2-car garage and RV gate complete this fantastic home!

936 N Roadrunner Road Apache Junction, AZ 85119

$624,900 - 3Br/2Ba -  for Sale in S14 T1n R8e, Apache Junction
New
$624,900
3 Beds
2 Baths
1,592 SqFt
Status Active
MLS # 6778347
Property Type Single Family Residence
Price Type --
Discover this beautifully updated and meticulously maintained home on a spacious 1.25-acre lot, featuring breathtaking views of the Superstition Mountains! As you enter, you'll be welcomed by soaring wood-beamed ceilings, creating a grand sense of space. The bright Great Room, complete with a cozy wood-burning fireplace, seamlessly flows into an open-concept kitchen - perfect for gatherings and relaxation. The kitchen is a showstopper with stunning quartz countertops, designer cabinetry, and sleek stainless steel appliances. Unwind on the serene covered patio, designed for ultimate comfort and enjoyment. Additional upgrades include smart shades, a smart thermostat, a CCTV security system, and a separate mini-split heating and cooling unit for the back room. Ideal for RV enthusiasts, the property also features a large covered parking structure. This home is truly a rare find!

1609 E Montecito Avenue Phoenix, AZ 85016

$624,900
3 Beds
2 Baths
2,362 SqFt
Status Active
MLS # 6759860
Property Type Single Family Residence
Price Type --
This stunning property is nestled in the desirable Biltmore/Camelback corridor and is surrounded by an array of shopping options, and some of the city's finest restaurants. This beautifully designed two-story residence features three spacious bedrooms and two bathrooms, providing ample space for relaxation and privacy. The master bedroom is conveniently located on the first floor. The property boasts modern finishes and an open floor plan that enhances its inviting atmosphere, with a stylish kitchen, bright living spaces, and a lovely outdoor space, perfect for family gatherings or the addition of a pool. Large laundry with ample storage. Two car carport with a Tesla charging station. Easy access to highways and public transpiration. Do not miss this one!

6738 E Coronado Road Scottsdale, AZ 85257

$624,900
3 Beds
2 Baths
1,619 SqFt
Status Active
MLS # 6707155
Property Type Single Family Residence
Price Type --
Brand new neutral LVP flooring throughout! Warm, welcoming home in Historic Village Grove, with no HOA! Plantation shutters & high ceilings. Family room offers easy access to the backyard, perfect for entertaining. Charming kitchen featuring oak wood cabinets, stainless steel appliances, a breakfast bar, and granite countertops. Main bedroom is open and bright. Fresh paint inside and out! Perfectly sized backyard with relaxing covered patio and refreshing diving pool. Mature shade trees out front, in desired neighborhood. Many nearby attractions: Desert Botanical Gardens, Papago Mountain, Phoenix Zoo, Spring Training, Fashion Square Mall, incredible golf courses, 5-star restaurants, parks, walking paths, hiking trails, and only 2.5 miles from Old Town Scottsdale's nightlife! Must see!

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