Do’s and Don’ts as you get ready to buy

Do These

  • Deposit Earnings

    Deposit paychecks or other earnings into a bank account

  • Pay your bills on time

    Late payments over 30 days can show up on your credit and affect your credit score

  • Submit your tax returns

    1-2 years of tax returns may be required to buy a home

  • Get your P2Q

    Speak to an Intercap loan officer and put together your Pathway to Qualification plan, including a credit check

Don’t Do These

  • Quit your job

    Leaving your job could delay your ability to buy for up to 3 months or more

  • Apply for bankruptcy

    A bankruptcy, short sale, or foreclosure could delay your ability to buy a home for years

  • Make big purchases

    Purchases that could negatively impact your credit or debt-to-income ratio

  • Apply for new debt

    Don’t apply for new credit cards, car loans, or other new debt

John Naccarato Construction Loans

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We may share customer information with our trusted business partners to assist you with your loan or other mortgage needs. Customers with questions regarding our loan officers and their licensing may visit the Nationwide Mortgage Licensing System & Directory (NMLS) for more information. https://nmlsconsumeraccess.org/

Agency Approvals: FNMA – #171430002 / FHLMC – #124731 / FHA – #3213309992 / GNMA #2454 / VA 955023-00-00

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910 East 6600 South, Salt Lake City, UT 84121 | NMLS# 190465