Do Check Your Credit Score
Make sure your credit score is in good shape. A higher score can get you better interest rates.
Do Compare Lenders
Shop around and compare interest rates and loan terms from different lenders to find the best deal.
Do Understand Your Loan Options
Research different types of loans (fixed-rate, adjustable-rate, FHA, VA) to find the one that best fits your financial situation.
Don't Make Large Purchases
Avoid making significant purchases or opening new credit lines before and during the loan application process, as this can affect your credit score and debt-to-income ratio.
Don't Change Jobs
Try not to change jobs or become self-employed during the loan process, as lenders prefer stable employment.
Don't Rush the Process
Take your time to understand every step of the loan process. Rushing can lead to mistakes and overlooked details.
