Mortgage Do's And Don'ts
Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list of Mortgage Do's and Do not's to help you navigate the process with ease - and a little bit of humor.
DO: Shop around for the best mortgage rates
DON'T: Assume your bank will give you the best rate just because you have a checking account there. Remember, loyalty is a two-way street.
DO: Have a budget in mind
DON'T: Get in over your head. Just because you can technically afford a million-dollar mansion doesn't mean you should buy one. You don't want to be house-poor and unable to afford groceries.
DO: Get pre-approved before house-hunting
DON'T: Assume you'll be approved for a mortgage just because you have good credit. Pre-approval is important because it gives you a better idea of how much house you can afford and shows sellers that you're serious.
DO: Consider your future plans
DON'T: Assume you'll live in your new house forever. Life happens, and you may need to sell sooner than you think. Make sure you're not getting into a mortgage that you can't realistically afford if you need to move in a few years.
DO: Get pre-approved before house-hunting
DON'T: Assume you'll be approved for a mortgage just because you have good credit. Pre-approval is important because it gives you a better idea of how much house you can afford and shows sellers that you're serious.
DO: Consider your future plans
DON'T: Assume you'll live in your new house forever. Life happens, and you may need to sell sooner than you think. Make sure you're not getting into a mortgage that you can't realistically afford if you need to move in a few years.
DO: Read the fine print
DON'T: Sign on the dotted line without reading the terms and conditions. There may be hidden fees or clauses that could come back to haunt you later.
DO: Be prepared for unexpected expenses
DON'T: Assume everything will go smoothly. There may be unforeseen expenses, like a leaky roof or a broken furnace, that can quickly drain your savings. Be sure to budget for these types of surprises.
DO: Read the fine print
DON'T: Sign on the dotted line without reading the terms and conditions. There may be hidden fees or clauses that could come back to haunt you later.
DO: Be prepared for unexpected expenses
DON'T: Assume everything will go smoothly. There may be unforeseen expenses, like a leaky roof or a broken furnace, that can quickly drain your savings. Be sure to budget for these types of surprises.
DO: Have a good sense of humor
DON'T: Take everything too seriously. Yes, buying a house and getting a mortgage can be stressful, but try to find the humor in the situation. After all, laughter is the best medicine for a stressful day.
By following these Mortgage Do's and Do not's, you'll be well on your way to successfully navigating the mortgage process - with a smile on your face. Good luck, and happy house hunting!
Innovation
Fresh, creative solutions.
Integrity
Honesty and transparency.
Excellence
Top-notch services.
Blogs
The Top 5 Mortgage Mistakes to Avoid!
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
Mortgage Do and
Do not list!
Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list....
Tips On How To Improve Your Credit Score!
Let's talk about some ways you can improve your credit score! Your credit score is actually a big deal, and it can affect...
10 Tips for First-Time Homebuyers
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
How To Choose the Right Lender for You
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
Refinancing youe loan and when to do it
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
See What Clients Are Saying!
"David is incredibly knowledgeable and passionate about his work. Every question I ask him is answered promptly and thoroughly.
When necessary, he’s direct and forthright.
He’s also kind and empathetic. His skills and qualities add up to a Mortgage Advisor that you WANT on your side."
Kevin M.
"David is one of the most competent and sincere mortgage lenders I’ve had the opportunity to work with.
He’s the epitome of excellence, driven by his passion to serve others".
Steve D.
“David and his team were amazing to work with. We had a very challenging situation and they were there with us every step of the way until we closed on our home.”
Richard M.C.
"David has a high level of integrity & cares deeply for each of his clients. I highly recommend using his expertise in getting you the absolute best mortgage for your money. Do not throw away money to a landlord.
Don't let the economy take away your ability to buy a home in this economy. Better to invest in your property that someone else's property!"
Bob D.
“David is patient, engaged, and so knowledgeable! We went through a long home-buying process, changing our minds often about what we wanted. David was with us every step of the way, going above and beyond to answer all of our questions and really helping us understand the daunting mortgage process.
I have full confidence that David got us the best rate possible and will continue to keep us updated on when we should refinance down the line. I'm grateful to know that he is here as a guide for us for whatever the future may bring!”
Hannah & Christian F.
"I am grateful to have had the opportunity to meet and work with David on several occasions. I immediately recognized David’s unparalleled product knowledge surpassed only by his genuine compassion and commitment to his client’s short term needs and long term financial well-being.
David’s fierce commitment to excellence combined with an approachable, affable countenance make David the perfect client advocate and coach.
I am blessed to call him a friend and professional partner. Anyone who has the goodluck of working with him will learn what I know - he’s the best"!
Navigation
Contact
Social Media
Copyright ©2026 the Infinite Team | NMLS# 328679
Licensed to do business in MN, WI, IA, ND, AR, FL
This is not an offer to enter into an agreement. This is not a commitment to make a loan. Not all customers will qualify. Information, rates and programs are subject to change without prior notice. All products are subject to credit and property approval. All approvals are subject to underwriting guidelines. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. NEXA Mortgage, LLC is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency.