The Ten Commandments of Mortgage Lending

Ten Commandments of Mortgage Lending

Are you buying a home? Here are the ten commandments of mortgage lending to ensure a smooth mortgage loan process.

  1. Thou Shall Not  change jobs or become self-employed
  2. Thou Shall Not  originate any new inquiries on your credit report
  3. Thou Shall Not  buy a car, truck, or van unless you plan to live in it
  4. Thou Shall Not  use your credit cards or fall behind on your payments
  5. Thou Shall Not  spend money you have saved for your down payment, get a gift for closing, or take out a retirement loan without first consulting your mortgage banker.
  6. Thou Shall Not  buy furniture before you buy your house.
  7. Thou Shall Not  make any large deposits into your bank account unless you plan on documenting that deposit and origin of the money (i.e. anything that is not payroll related)
  8. Thou Shall Not  change bank accounts.
  9. Thou Shall Not  co-sign for anyone.
  10. Thou Shall Not  purchase ANYTHING until after closing.

Contact a licensed Inlanta Mortgage loan officer to learn more about the mortgage loan process, available loan programs and current mortgage rates. Use our branch locator to find a loan officer near you or apply today and we will forward your application to a loan officer in your area.

About Inlanta Mortgage

Headquartered in Brookfield, Wisconsin, Inlanta Mortgage is a growing mortgage banking firm committed to quality mortgage lending, ethical operations and strong customer service.

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Freddie Mac and Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs.

Inlanta Mortgage was recently named a Top Workplace for a third time in 2015. Inlanta has also received the Platinum Million Dollar USDA Lender Award and has been recognized as a Top Mortgage Employer by National Mortgage Professional and a Top 100 Mortgage Banking Company and 100 Best Mortgage Companies to Work For by Mortgage Executive Magazine.

Inlanta Mortgage, Inc. NMLS #1016