For the Buyers:

The Ten Commandments when Applying for a Mortgage

1. Thou shalt not change jobs, become self-employed or quit your job

2. Thou shalt not buy or lease a car, truck or van (or you may be living in it)

3. Thou shalt not use credit cards excessively or let current accounts fall behind

4. Thou shalt not spend money you have set aside for closing

5. Thou shalt not omit debts or liabilities from your loan application

6. Thou shalt not buy furniture or any larger purchase

7. Thou shalt not originate any inquiries into your credit

8. Thou shalt not make large and/or cash deposits without checking with your loan officer

9. Thou shalt not change bank accounts

10. Thou shalt not co-sign a loan for anyone