Keys to Maintaining Your Credit Score While in Escrow

While waiting for final approval or a "clear to close" mortgage, underwriters will monitor your credit and bank accounts up to the hour of closing to ensure that you have not assumed any new debt that could affect your ability to pay your mortgage. Here are a few more tips to help keep your credit consistent during closing.

Plan Ahead to Avoid Closing Surprises

The clock starts ticking as soon as the seller formally accepts your offer and the contract becomes bilateral. Knowing the next steps towards closing on your home purchase may not eliminate surprises along the way, but it will help you understand what to do when something unexpected occurs. About Closing Costs in Florida

 

 

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