Top Tips to Keep Your Mortgage Pre-Approval Secure | Stellar Finance Group
Avoid these to keep that pre-approval intact Firstly, don’t go out and buy a new car or other big-ticket items. This can increase your debt-to-income ratio, which can make you look riskier to lenders and jeopardize your pre-approval. Secondly, avoid changing jobs or quitting your current job. Lenders want to see a stable employment history, so any significant changes could also affect your pre-approval. And lastly, don’t apply for new credit cards or loans. This can show up as a hard inquiry on your credit report and lower your credit score, which can also put your pre-approval at risk. Follow For more tips!
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