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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2730 W Via Calabria Street Phoenix, AZ 85086

$600,000
3 Beds
2 Baths
2,282 SqFt
Status Active
MLS # 6766212
Property Type Single Family Residence
Price Type --
Welcome to this single story, open concept,great room plus flex room home. This 3 bed, 2bath home offers a light and bright living space with ample outdoor area for relaxing, entertaining or playing. Turf makes backyard look fresh and keeps maintenance easy. Use the flex room as a home office, play room, workout room or craft/art studio. This home is a neutral canvas waiting for your personal design. Kitchen, updated in 2021, has quartz countertops, an island with farmer sink, breakfast nook and gas stove. Primary bedroom has dual sinks, garden tub and stand-alone shower. Fully enclosed Arizona room has security door to backyard. Pavers under the pergola provide ample sitting area. Roof underlayment replaced 2024 and has transferable 10 year workmanship warranty. AC partially updated 2020 Child play eqpt will stay or seller will remove. Community features 2 pools, basketball court, tennis courts, sand volleyball and 2 playgrounds. Enjoy miles of multi-use pathways and trails to enjoy Valley and mountain views. Close to shopping and I-17. Welcome to Home Sweet Home!

951 N 165th Avenue Goodyear, AZ 85338

$600,000
4 Beds
3 Baths
3,106 SqFt
Status Active
MLS # 6766084
Property Type Single Family Residence
Price Type --
Welcome to this ideally located home, nestled next to expansive open space with no neighbors behind or to the side. Enjoy spacious living areas, including a kitchen and family room that offer stunning views of the backyard oasis. The oversized custom pool features a rock waterfall and slide, with ample space for lounging and entertaining. The outdoor area also boasts a built-in BBQ island, a covered patio, and wide side yards. Inside, there's a downstairs den with a full bathroom, while upstairs you'll find three bedrooms and a generously sized primary suite. The three-car garage comes complete with built-in cabinetry, and the home is equipped with OWNED SOLAR!

4810 N 74th Place Scottsdale, AZ 85251

$600,000
2 Beds
2 Baths
1,236 SqFt
Status Active
MLS # 6767229
Property Type Townhouse
Price Type --
MODERN CANAL RETREAT Tucked into the heart of Scottsdale's historic district, this gorgeous 2-bedroom, 2-full bath home in coveted Villa Monterey 55+ community is a true gem. Step into a light & bright sanctuary that exudes warmth & comfort. Formal dining area invites you to host intimate gatherings, while the completely updated interior flows effortlessly into the serene backyard with private canal access. With over $130,000 in upgrades, every corner of this home has been meticulously crafted. From the new Luxury Vinyl Plank (LVP) floors to the upgraded modern kitchen, walnut interior doors, no detail has been overlooked. New roof (2019), HVAC (2023), appliances and more all recently replaced. Open-Concept Closets in both bedrooms. Front-facing kitchen with new modern pull out cabinets, new LVP plank (6x9) flooring, and smooth texture walls throughout. Enjoy the fully upgraded, spa-like bathrooms that include a deep soaking bathtub & walk-in shower. Coveted side yard and laundry room are added bonuses. Well designed, low maintenance landscaping is easy to maintain. Community Pool & Spa, Located directly on the canal, this property is minutes away from Old Town Scottsdale, Spring Training facilities, shopping, restaurants, art galleries, and the renowned Talking Stick Resort, the possibilities for entertainment & adventure are endless. Walk out your back gate and explore the vibrant community, stroll along scenic walking and biking paths, or simply bask in the Arizona sunshine.

3431 E Fairview Street Gilbert, AZ 85295

$600,000
3 Beds
2 Baths
1,862 SqFt
Status Active
MLS # 6770358
Property Type Single Family Residence
Price Type --
Location, location, location! Beautifully upgraded single-level home in the highly sought-after Pecos Park community of Gilbert! Offering 3 bedrooms and 2 baths, this residence boasts new interior paint, elegant light fixtures and fans, plantation shutters throughout, and more! The vaulted ceilings and seamless open floor plan allow for ample natural light, creating a bright and airy ambiance throughout the home. The gourmet kitchen is a chef's dream, featuring granite countertops, a spacious island with breakfast bar, stainless steel appliances, and recessed lighting. The primary suite offers dual vanities, a soaking tub, step-in shower, and a walk-in closet. Outside, enjoy your private oasis with mature trees and landscaping, and a large covered patio.

1145 E Del Rio Street Gilbert, AZ 85295

$600,000
4 Beds
2.5 Baths
2,395 SqFt
Status Active
MLS # 6768818
Property Type Single Family Residence
Price Type --
Original owners! This well taken care of home. Home has 4 bedrooms (one bedroom downstairs) plus a loft and 2.5 baths. Downstairs bedroom has a minisplit AC unit in it. Bedroom #2 and #3 upstairs have walk-in closets. 2 car garage with epoxy floor, roll down screen door and side service door. Over 8,000 sf north/south lot has an easy maintenance front yard, grass backyard and play pool with removeable fence and variable speed motor/pump. Extra bonus is the RV gate with plenty of storage space on the east side of the house. 2 storage sheds in backyard will convey. Roof approximately 2 years old. NOTE: The section of the roof where the solar panels are was not reroofed. 5 year old AC units and air handlers. 7 yr. old water heater. Water softener. Solar is a prepaid lease.

22788 E Orion Way Queen Creek, AZ 85142

$600,000
4 Beds
3 Baths
2,634 SqFt
Status Active
MLS # 6767865
Property Type Single Family Residence
Price Type --
Welcome to the Harvest Community in Queen Creek. This amazing community has multiple parks, a children's playground, scenic lake, community pools and more! You'll love the layout of this new construction home, the Topaz model! Two bedrooms with a full bathroom in front, a walk down the hall to the kitchen designed with Tahoe Maple Stained ''Coffee'' cabinets with 42' Uppers and a 4 1/2'' crown detail. Vahalla granite countertops, a 30'' gas cook top and large walk in pantry paired with an impressive great room. Upgraded flooring package with EMS Baccarat 12x24 tile and Level 9 SHW Cedar Grove berber carpet. Step into your primary retreat - a huge space with a large en suite bathroom and walk in closet. Top it off with a 3 car tandem garage for plenty of storage.

2095 W Harbour Drive Chandler, AZ 85248

$600,000
3 Beds
2 Baths
1,755 SqFt
Status Active
MLS # 6770630
Property Type Single Family Residence
Price Type --
Welcome to your dream home! Nestled in the highly sought after Harbour Club in the Ocotillo Lakes community, this stunning property offers a perfect blend of luxury and comfort. You will love all the MANY upgrades that include: a BRAND NEW HVAC installed in 2023, fully remodeled bathrooms, saltwater pool, new energy efficient windows in the bedrooms, new sliding glass door and many more (see full list below!)! As you step inside, you'll be greeted by an expansive open floorplan with vaulted ceilings and lots of natural light. The gourmet kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and a spacious area perfect for entertaining. The master suite is a true retreat, complete with a spa-like bathroom featuring a jetted tub, dual vanities and a walk-in closet. Additional bedrooms are generously sized, providing ample room for family or guests. Step outside to your private oasis where a sparkling pool and lush landscaping await. The covered patio is perfect for alfresco dining and enjoying Arizona's beautiful weather year-round. Located in the heart of Chandler, this home is just minutes away from top-rated schools, shopping, dining, and entertainment. Nearby attractions include Ocotillo Golf Club, Chandler Fashion Center, and a variety of eateries such as the Living Room Wine Cafe & Lounge and CHoP Chandler. Don't miss an opportunity to make this exquisite property your forever home. **LIST OF UPGRADES BRAND NEW! HVAC system installed in 2023 Freshly painted Landscaped front and backyard Brand new fans and lighting throughout Front door electric code entry and new door handles Electric fireplace installed in living room New sliding glass door to backyard in 2018 Replaced windows in bedrooms with energy efficient windows in 2019 Stainless steel kitchen appliances (fridge, microwave, dishwasher, and stove) 2018 Replaced all cabinet handles New disposal system (Oct. 2024) Hall/Guest Bathroom had complete remodel in 2020 with a Walk-in shower, new flooring, new vanity, fixtures, mirror, and new lighting, Added energy efficient exterior door to patio from master bedroom in 2019 Complete remodel of master bathroom in 2020 which included a new jetted tub, tiled shower, replaced shower glass, new vanity, fixtures, mirrors, lighting, and new chandelier. New side entry door installed in the garage New garage door opener Kinetico soft water system installed in 2018 Garage Storage shelves built Landscaped/added plants around pool in backyard Stone fire pit added Replaced wood on side gate Sprinkler system installed and maintained New stack stone added to patio (in 2023) and grill area (in 2018) Cool decking around pool replaced in 2018 Upgraded to a salt water pool in 2022 New LED pool light 2019 Updated code-approved water returns in pool 2018

13607 W Springdale Drive Sun City West, AZ 85375

$600,000
2 Beds
2 Baths
3,291 SqFt
Status Active
MLS # 6768546
Property Type Single Family Residence
Price Type --
Great Opportunity To Own This Popular San Carlos EXPANDED Model: Allowing for the extra square footage to total 3291l. This 2 bedroom, 2 bathroom, 2.5 Car Garage (GOLF CART GARAGE), is fantastically located off of the 4th Teebox, perfect run with the cart! The spacious living room, AZ room, primary master bedroom & bath, guest bedroom, bath count with expansions. Home boasts an arrays of room to entertain your friends, family and other guests. Enjoy the nice seasonal weather and relax in your new home, coupled with an enclosed patio with gorgeous views of the mountains & golf course. North/South sun exposure limits direct sunlight. Great moment to capitalize to make this property your own, at current pricing structure! Buyer to verify all.

2705 W Summit Place Chandler, AZ 85224

$600,000
3 Beds
2 Baths
1,703 SqFt
Status Active
MLS # 6769650
Property Type Single Family Residence
Price Type --
This highly sought-after home, perfectly situated on a prime corner lot, is ready to be yours! The beautifully updated interior showcases fresh neutral paint, tile flooring, and newer windows that fill the space with natural light. Relax or entertain in the cozy living room, complete with newer carpet. The inviting great room features sliding glass doors that lead to the back patio, creating a seamless indoor-outdoor living experience. The gourmet kitchen boasts stainless steel appliances, ample cabinetry, granite tile countertops, and a two-tier island with a breakfast bar. Double doors open to the main bedroom, featuring plush carpeting, a spacious walk-in closet, and an ensuite bathroom with dual sinks and a luxurious floor-to-ceiling tiled shower. The delightful backyard offers a covered patio, artificial turf, and a newer saltwater pool system, newer pump, filter, Pebble Tec finish, LED lighting, and cool deckingperfect for enjoying warm summer days. Don't miss out on this unique gemit will go fast!

6633 N 19th Drive Phoenix, AZ 85015

$600,000
5 Beds
5 Baths
2,066 SqFt
Status Active
MLS # 6770906
Property Type Single Family Residence
Price Type --
Beautifully upgraded 5 bed, 4.75 bath home with a private pool in a prime location near I-17, GCU, and downtown Phoenix! This home boasts a stunning kitchen with granite counters, a Subzero fridge, and under-cabinet lighting. The spacious primary suite features surround sound extending to the pool area, all controlled from the primary closet. In addition to the primary suite, two other bedrooms offer the privacy and convenience of en-suite bathrooms. Enjoy the convenience of an ADA bathroom in the hallway and an outdoor bathroom with shower for poolside guests. With plenty of shopping and dining nearby, this home is perfect for those seeking both comfort and convenience. Don't miss out on this gem!

430 Circle 8 Lane Prescott, AZ 86303

$600,000
2 Beds
2 Baths
1,573 SqFt
Status Active
MLS # 6770948
Property Type Single Family Residence
Price Type --
This wonderful home has only ever known one family and it is ready for the next! Single level home in one of Prescott's most sought-after neighborhoods. This 2 bedroom, 1.5 bath home sits between Circle 8 Lane and Aspen Drive, with the main access on Aspen. Eat-In kitchen, large living room and a family room with a stately wood-burning fireplace, and deck to enjoy the beautiful sunsets. Plenty of storage at this home with 2 secret safe areas, 2 permanent sheds / workshops, one car garage and a custom steel carport fully equipped with electricity. This home is walking distance to downtown and in close proximity to all the amenities Prescott has to offer!

7380 W Paraiso Drive Glendale, AZ 85310

$600,000
4 Beds
3 Baths
2,410 SqFt
Status Active
MLS # 6772726
Property Type Single Family Residence
Price Type --
What makes Hillcrest so popular is LOCATION! 4 bedroom 3 bath on over a 10,000 sq. ft cul-de-sac lot. 3 car garage with extra concrete parking, RV gate, beautiful pool with water feature and security fencing. Very private spacious backyard with covered patio, built-in BBQ, newly installed artificial grass area, and mature landscaping. New roof in 2022 with 10 warranty, freshly painted inside and out, island kitchen with granite countertops.

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