Kansas City real estate and community news blog featuring Olathe and Overland Park, Kansas.
The Ten Commandments
When Applying for an Overland Park, KS. Mortgage Loan (2 of 10)
#2) Thou shalt NOT co-sign a loan for anyone.
During the loan process, any changes to your credit report or status could negatively affect your ability to close your loan on time or at all. Co-signing any type of car loan, student loans, or others loan would result in inquires into your credit and additional financial responsibilities. All of these could result in loan closing delays or denials. If this situation applies to you, please contact your Mortgage Planner.
To view the remaining 9 commandments, go to: The Ten Commandments.
Blog post written by: Barry Allen of the Temple-Allen Group of First Federal Bank.
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