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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1941 E Ellis Drive Tempe, AZ 85282

$603,000
4 Beds
2 Baths
2,456 SqFt
Status Active
MLS # 6753630
Property Type Single Family Residence
Price Type --
Welcome to your dream home! This beautifully updated property features 4 spacious bedrooms and 2 modern bathrooms, offering a perfect blend of style and comfort. Key Features: New Kitchen: Enjoy cooking in a sleek kitchen with soft-closing white shaker cabinets, elegant quartz countertops, and a chic white backsplash. Elegant Finishes: The home boasts new LVP flooring, 5-inch modern baseboards, and contemporary light fixtures throughout. Luxurious Bathrooms: Both bathrooms have been newly tiled and feature stylish vanities. Master Suite: Relax in the master bedroom with a spacious walk-in closet. Cozy Living Spaces: The family room is complete with a charming fireplace, perfect for cozy gatherings. Additional Amenities: The garage comes equipped with plenty of cabinets for Location: Conveniently situated between the 101, 60, and 10 freeways, this home is close to shopping, dining, and entertainment options, offering both comfort and accessibility. Don't miss out on this move-in-ready gem!

9935 S Centennial Road Apache Junction, AZ 85120

$602,990
4 Beds
2 Baths
2,432 SqFt
Status Active
MLS # 6750764
Property Type Single Family Residence
Price Type --
Up to 3% of base price or total purchase price, whichever is less, is available through preferred lender plus additional 3% of base price or total purchase price, whichever is less, is available to be used toward closing costs, pre-paids, rate buy downs, and/or price adjustments. The Avelino floor plan offers a refined single-story design with four bedrooms, including an AllGen suite, and a spacious flex area ideal for an office, TV room, or study. Featuring front yard landscaping, this home will be ready for occupancy in October or November. Conveniently situated near community parks, grocery stores, and dining options.

16109 W Mohave Street Goodyear, AZ 85338

$602,500
4 Beds
3.5 Baths
2,959 SqFt
Status Active
MLS # 6703414
Property Type Single Family Residence
Price Type --
Enjoy this HOT summer swimming with friends and family! This Beautiful 4 bedroom, 3.5 bath, 3 car garage, RV Gate home is a steel! Don't miss out on this 12,916 Sqft Lot!

10195 S Bickwell Trail Apache Junction, AZ 85120

$602,368
5 Beds
4 Baths
3,094 SqFt
Status Active
MLS # 6739955
Property Type Single Family Residence
Price Type --
Discover a unique home and buying experience at Laurel at Blossom Rock! This 2-story Heritage design is currently under construction and features a spacious, open-concept floorplan. The inviting kitchen flows seamlessly into a bright great room that opens to a private, covered outdoor space, perfect for relaxing or entertaining. The 3-car garage includes a convenient drop zone, and the home offers 5 bedrooms, 4 bathrooms, a great room, and a kitchen with an island. Plus, $42,000 in premium upgrades are already included, and special financing options are available. The home is anticipated to be completed by September. Blossom Rock is designed for outdoor living, with community parks, miles of scenic trails, beautiful lakes, and signature events that bring the community together.

15002 S 46th Place Phoenix, AZ 85044

$601,000 - 4Br/3Ba -  for Sale in Monarch Lot 1-215 Tr A-d, Phoenix
Open House
$601,000
4 Beds
2.5 Baths
2,095 SqFt
Status Active
MLS # 6749101
Property Type Single Family Residence
Price Type --
Seller may consider buyer concessions if made in an offer. Welcome to your dream home! This beautifully renovated property features neutral colors throughout for an elegant touch. The remodeled kitchen is a chef's delight with shaker cabinets, stainless steel appliances, a stylish backsplash and a center island. The primary bedroom includes a spacious walk-in closet. The primary bathroom offers a custom tile shower and double sinks for added conveniece. Enjoy the covered patio in the fenced backyard. Don't miss out on this beautiful home!

264 E Citrus Hollow Way Queen Creek, AZ 85140

$600,741
2 Beds
2.5 Baths
1,678 SqFt
Status Active
MLS # 6659762
Property Type Townhouse
Price Type --
This brand new Valletta model is move-in ready! It features a spacious layout with plenty of natural light. The kitchen is fully equipped with stainless steel appliances and granite countertops. It has a gourmet kitchen, gas cooktop and will be the perfect place to entertain your guests. Both bathrooms are highly upgraded with tile surround and upgraded fixtures. The resort collection at Encanterra offers you the perfect balance if you are a seasonal owner or full time. Book your tour today and start living the good life at Encanterra now!

11620 N 170th Avenue Surprise, AZ 85388

$600,539
3 Beds
2.5 Baths
2,467 SqFt
Status Active
MLS # 6720741
Property Type Single Family Residence
Price Type --
MLS#6720741 January 2025 Completion! The Appaloosa floorplan at Paradisi offers 2,467 sq. ft. of living space, featuring 3 bedrooms, 2.5 bathrooms, a 2.5-car garage, and a study. Upon entering the foyer, you'll find secondary bedrooms on one side and a study on the other. Moving further, a stunning courtyard surrounded by your home offers privacy for relaxing or hosting. The open-concept gathering room, kitchen, and dining area form the heart of the home. The owner's suite is separate from the secondary bedrooms, boasting split vanities and a walk-in closet. Enjoy a perfect blend of functionality and elegance in this thoughtfully designed home. Structural options include: paver courtyard, 15' x 8' sliding glass door, upgraded square corners, and rain shower in primary bath.

28205 N 213th Drive Wittmann, AZ 85361

$600,000
4 Beds
2.5 Baths
2,142 SqFt
Status Active
MLS # 6680644
Property Type Single Family Residence
Price Type --
A home to bring your toys and horses! NO HOA! One Plus Acre Lot - 4 Car Drive Through Garage w/ EV Charger for Electric Cars w/ a BONUS Dog Wash Station! This 4 bedrooms - 2.5 bath home comes w/ Beautiful Quartz Countertops in kitchen and bathrooms! Large Center Island plus extra counterspace - Walk-in Pantry and Stainless Steel Appliances! The Primary Suite has a Freestanding Soaking Bathtub - Walk-in Shower - Separate Toilet - Walk in Closet and Exit Door to the Covered Patio. Enjoy the Wide Open Spaces and Clear Skies Amazing Sunsets of Country Living w/ easy access to Grand AVE (Hwy 60), the 303, and all the amenities of Surprise and Wickenburg! WHEN USING GOOGLE MAPS USE 213TH AVE.

710 W 18th Street Tempe, AZ 85281

$600,000
3 Beds
2 Baths
1,792 SqFt
Status Active
MLS # 6743870
Property Type Single Family Residence
Price Type --
1-0 BUY DOWN AVAILABLE WITH THE PREFERRED LENDER! This charming 3-bedroom, 2-bath home is nestled with a gated courtyard, you'll immediately appreciate the serene grass area and shaded patio. The inviting family room seamlessly connects to the entertainer's kitchen, which features a farmhouse sink, stainless steel appliances, and more than ample storage. The warm-toned granite countertops offer generous space, including a breakfast bar and a versatile bar/desk area. The primary bedroom boasting a stylish en suite bath, complete with a spacious walk-in shower and walk-in closet. You'll love the additional storage options, including a hall room for pantry items or a spare refrigerator, a large laundry area with a folding counter and drawer storage, and a dedicated cabinet filled pet/craft/ sport equipment space. The rear bonus room provides flexibility...it could serve as a living, dining, or media room and opens directly to the backyard. Enjoy outdoor living on the expansive rear patio featuring a gazebo, synthetic grass, and a firepit. Plus, the property includes an expansive covered RV parking area, large sturdy sheds, and a garage workshop for all your storage or creative needs. This home truly offers both comfort and functionality! Plus, Clark Park is right next door and is a fantastic place with a wide range of amenities! Here's a quick overview of what you can enjoy there: Community Center: Great for classes, events, and community gatherings. Pool & Splashpad: Perfect for cooling off and having fun in the water. Basketball Courts: Ideal for pickup games or practice. Baseball Diamond: A spot for baseball games and activities. Dog Park: A dedicated space for your furry friends to play. Grills: For BBQs and outdoor cooking. Horseshoes Pit: A fun game for social gatherings. Ramadas: Shaded areas for picnics and parties. Volleyball Court: A place for beach-style volleyball games. Community Garden: A spot to grow plants and vegetables. Playground: A great area for kids to play and explore. It seems like Clark Park has something for everyone, whether you're looking to stay active, relax, or enjoy time with family and friends. Bus and light rail access is nearby - perfect for high school and college student/faculty commuting!

1640 S Spruce Lane Show Low, AZ 85901

$600,000
3 Beds
2 Baths
1,540 SqFt
Status Active
MLS # 6775134
Property Type Single Family Residence
Price Type --
This adorable 3 bedroom, 2 bath home is the perfect fit for a weekend getaway or a long term solution to escape the AZ heat. The open kitchen with stainless appliances makes entertaining easy as it opens into the family room overlooking the back porch and tall pines. The master bath has a large shower with double sinks. Add a cul-de-sac lot and charming front porch to the long list of amenities this home has to offer! Enjoy the amenities that Torreon has to offer - golf, pool, family center, fishing pond, etc!

11265 E Watering Hole Street Sierra Vista, AZ 85635

$600,000
3 Beds
3 Baths
1,882 SqFt
Status Active
MLS # 6717957
Property Type Single Family Residence
Price Type --
COMPLETE OFF THE GRID 1880 SF 3 bdrm 3 bath two-story home. The house is brilliantly designed for passive solar gain through hundreds of windows on the south side of the home. On the north side there is covered parking for 4 vehicles. Conveniently located between Bisbee and Sierra Vista, the home is surrounded by vacant 40 acre parcels and State land. All new kitchen appliances, counters, wiring and plumbing. Brand Downstairs features brick flooring throughout, 2 bedrooms with lofts and hand-crafted ladders. One bedroom comes with an exterior door. There are 2 bathrooms downstairs, one with a tub and travertine tile shower. Propane tank is owned and full. The exterior rock work in retaining walls and custom-built bookcases are reflective of the skill and care that went into the home's creation. As in the rest of the house the emphasis is on the majestic 360 views-- hence the solar gain windows. Upstairs is the master bedroom and bath. A completely redone bathroom features; 24 X 12 ceramic tiles, custom bathtub and separate shower. The large master offers views that mesmerize, and the star gazing is surreal. Not by accident, the subdivision is designed with light pollution in mind for astronomical pursuits and of course horses. 5 STRAND BARBED WIRE FENCE SURROUNDS THE 40 ACRES. The $35,000 solar system is an EG4 and will serve all your electrical needs. Recent mini-split AC-Heat unit was installed. The registered well 55-546933 hits water at 151 feet, the well is drilled to 350 feet. Newer washer/dryer are conveniently located. A 1999 Ram pick-up goes with the property if wanted. A nesting pair of Screech Owls visit the carport in the early summer to raise their owlets. Tame and fun to watch!

1411 E Campus Drive Tempe, AZ 85282

$600,000
3 Beds
2 Baths
1,597 SqFt
Status Active Under Contract
MLS # 6761153
Property Type Single Family Residence
Price Type --
Discover the perfect blend of rentability and livability in this beautifully updated 3-bedroom, 2-bath home, ideally situated in the highly sought-after 85282 zip code. Conveniently located near ASU for students, yet offering the peace and proximity that families and young professionals desire, this home provides easy access to all that Tempe and the East Valley have to offer. The kitchen features sleek quartz countertops and stainless steel appliances, while luxury vinyl plank flooring runs throughout the home. The backyard is designed for low-maintenance enjoyment, complete with turf, pavers, and a gas fire pit for cozy evenings.

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