Robert's 10 Commandments for Home Buyers

I

THOU SHALT NOT CHANGE YOUR JOB, QUIT YOUR JOB, OR BECOME SELF-EMPLOYED.

II

THOU SHALT NOT BUY A CAR, TRUCK, OR VAN (OR YOU MAY BE LIVING IN IT!).

III

THOU SHALT NOT USE CREDIT CARDS EXCESSIVELY OR LET CURRENT ACCOUNTS FALL BEHIND.

IV

THOU SHALT NOT SPEND MONEY THAT YOU HAVE SET ASIDE FOR HOUSE.

V

THOU SHALT NOT OMIT DEBTS OR LIABILITIES FROM YOUR LOAN APPLICATION.

VI

THOU SHALT NOT BUY FURNITURE OR DECORATIONS OR CURTAINS (OR ANY OTHER FUN STUFF FOR YOUR NEW HOUSE) ON CREDIT.

VII

THOU SHALT NOT OPEN A NEW CREDIT LINE OF ANY KIND NOR ORIGINATE ANY INQUIRIES INTO YOUR CREDIT.

VIII

THOU SHALT NOT MAKE LARGE DEPOSITS NOR TAKE LARGE WITHDRAWALS WITHOUT CHECKING WITH YOUR LOAN OFFICER.

IX

THOU SHALT NOT CHANGE BANK ACCOUNTS NOR TRANSFER LARGE FUNDS WITHOUT CHECKING WITH LOAN OFFICER.

X

THOU SHALT NOT CO-SIGN A LOAN FOR ANYONE.