Don’t get in a Pickle

Tina Shields, Sr Loan Officer/Team Lead

NMLS #32564

336-823-0560 | tina.shields@movement.com

CREDIT

1. Don’t make a major purchase (i.e. car, increase lease, boat, jewelry, etc.)
2. Don’t open new credit cards — even if you’re getting 20% off of your purchase
3. Don’t buy any furniture
4. Don’t apply for new credit until AFTER you close on your mortgage
5. Don’t transfer credit card balances from one account to another
6. Don’t pay charge offs without a discussion with lender first
7. Don’t pay collections without a discussion with lender first
8. Don’t pay off any loans or credit cards without discussing with lender
9. Don’t close any credit card accounts
10. Don’t max out or over charge on your credit card accounts
11. Don’t consolidate your debt into 1 or 2 credit cards
12. Don’t take out a new loan
13. Don’t finance any elective medical procedures

INCOME

14. Don’t quit your job to change industries or start a new company
15. Don’t switch from a salaried job to a heavily-commissioned job

ASSETS

16. Don’t change bank accounts
17. Don’t transfer large sums of money between bank accounts
18. Don’t forget to pay your bills — even the ones in dispute
19. Don’t accept a cash gift without filing the proper “gift” paperwork
20. Don’t make random, undocumented deposits into your bank account