Once you are approved for your home loan, packing up your house and preparing for the movers might set your mind at ease. But in reality, this is the time that you need to pay extra attention to your lifestyle and how you spend.

Although you have already made good on a down payment and disclosed your earnings history, a diligent lender will recheck your credit right before your settlement date.

Lenders will look to you to assure them that “nothing has changed.” Those exact words. Some precautions to consider before you finalize the big move:

  1. Avoid Applying for New Credit: You may be tempted to open a new line of credit, for instance at a home center or large retail chain, to furnish and update your new home. But just the act of applying for a…

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