February 2018

“Easy Living” – How to keep your mortgage process simply and easy


David Boye of Black Diamond Mortgage with some tips on “easy living” and how to make your mortgage process FASTER and SIMPLER:

  1. Don’t move your money around
    • We look at 2 months of bank statements and will have to source where any deposits come from
    • Leave it in one spot – don’t transfer it around
  2. Don’t open new credit
    • Classic mistake – opening credit for a new refrigerator or a new car
    • This can impact your score and cause you to have to provide even more paperwork
  3. Provide your tax returns upfront
    • Best strategy is to provide them on day one – ALL pages
    • We will need the whole story – this helps us avoid learning new things late in the process
  4. Move FAST!
    • If we ask for items from you, get them to us quickly
    • The sooner we get things from you, the faster we can close!
    • Move fast, close fast!