Your Castle Real Estate
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A note about credit and the loan process

Make sure that you do NOT take out any new credit from the loan pre-approval process until after the loan closes. Many lenders are repulling credit before the closing and are finding that buyers have opened up new credit accounts, which can change their debt-to-income ratio and/or affecting their credit score. This can obviously have a negative effect on the closing.

Read the flyer

Thanks to Michael Delvecchio for the info.

Michael DelVecchio
BancGroup
mdelvecchio@bancgroup.com
Cell: 303-947-5147
Office: 303-542-1100