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Offered by Jan Giuliano

As we continue from last month with the DO’s and DON’Ts when applying for a loan, let’s take a look at the DON’Ts. We covered the DO’s so we need to give equal time to the DON’Ts because they are just as important:


  • DON’T change your employment status.
  • DON’T make any major purchases (car, furniture, jewelry, etc.).
  • DON’T change bank accounts.
  • DON’T make any large cash deposits into your bank account.
  • DON’T transfer any balances from one account to another (please keep to a low minimum).
  • DON’T close any credit card accounts.
  • DON’T consolidate your debt onto one or two credit cards.
  • DON’T apply for any new credit or open a new credit card (without consulting your loan officer).
  • DON’T max out or overcharge on your credit card accounts.
  • DON’T take out a new loan or co-sign on a loan.
  • DON’T pay off any loans or credit cards, charge offs, or collections without discussing it with your Loan Officer first.
  • DON’T finance any elective medical procedures.
  • DON’T join a new fitness club or contract on a timeshare.
  • DON’T open a new cellular phone account.
  • DON’T start any home improvement projects.
  • DON’T dispute any information on your credit report or have your credit pulled without consulting your Loan Officer.

Any time you have questions, pick up the phone and call Frank and Jan Giuliano at Academy Mortgage Corp. at 303-450-1650.

Click here to view The Giuliano Team at Academy Mortgage Corporation on The Brighton Buzz Business Directory

The Giuliano Team at Academy Mortgage Corporation