05/15/2026
“You’re under contract.”
Those three words should feel exciting.
And they are.
But this is also the part of the process where buyers need to be really careful.
Because your loan is not fully done just because your offer was accepted.
Your credit, income, bank activity, employment, and debt can still be reviewed before closing.
That means one small financial move can delay your loan, create extra conditions, or in some cases, affect your approval.
Here are 5 things to avoid once you’re under contract:
1️⃣ Don’t finance furniture, appliances, or a car
Even if the payment does not start right away, it can still show up as new debt and change your debt-to-income ratio.
2️⃣ Don’t open any new credit cards
That store discount is not worth a new inquiry, a possible score change, or extra lender questions right before closing.
3️⃣ Don’t change jobs without talking to your lender first
Even if it feels like a better opportunity, a job change can create new paperwork, delays, or underwriting concerns.
4️⃣ Don’t make large deposits without documentation
Gift funds, transfers, and cash deposits need a clear paper trail. If the money cannot be sourced, it can become a problem.
5️⃣ Don’t co-sign for anyone
Even if you are not making the payments, that debt can still count against you on paper.
The goal is simple:
Keep everything as stable as possible until closing day.
No new debt.
No surprise deposits.
No major changes.
No last-minute scrambling.
Before you make any financial move, ask me first.
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