Do's and Don'ts of the Loan Process
Keep your loan on track
From application
to closing day
DO these things
- Make sure your application is fully complete and all documents are provided
- Discuss with Walter and team where your funds are coming from and which account
- Promptly respond to any request for additional documentation
- Transfer any crypto you plan to use for a down payment into a bank account
DON'T until you close
- Change or quit jobs
- Make any cash deposits
- Charge up or make unusual purchases on your credit card
- Open any new credit lines
- Co-sign for another loan
- Buy another vehicle
- Spend money you set aside for closing
DO refer any family and friends looking to purchase or refinance if you had a 5‑star experience. As a relationship- and referral-based business, your referrals mean the world to me.
Questions? Ask first.
Walter Neil
President & CEO
NMLS #242369 · CalDRE #01281622
Franklin Loan Center NMLS #237653. Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act, 4131316. Equal Housing Opportunity.