Posts

JVM’s “Don’t List”; Things Not To Do After Getting Pre-Approved

With every pre-approval letter, we also include what we call our “Don’t List.” These are suggested actions to avoid to ensure borrowers remain qualified. These actions do not always kill deals, but they definitely have the potential. 1. Do NOT make large deposits that cannot be explained. All “large deposits” must be explained and/or “paper-trailed.” […]Read More

JVM’s “Don’t List”; Things Not To Do After Pre-Approval

With every pre-approval letter, we also include what we call our “Don’t List.” These are suggested actions to avoid to ensure borrowers remain qualified. These actions do not always kill deals, but they definitely have the potential. JVM’s “Don’t List:” 1. Do NOT make large deposits that cannot be explained. All “large deposits” must be […]Read More

What Not to Do After Getting Pre-Approved – Important!

Every time we send a “pre-approval” letter, we also send an accompanying list of suggested actions to avoid. We call it our “Don’t List”. This list is essential to prevent borrowers from creating a lot more work for themselves or from jeopardizing their pre-approval status altogether. Below is our “JVM Don’t List” for pre-approved borrowers […]Read More