Buying a home is exciting—but the final stretch before closing is also one of the most sensitive parts of the process. What many buyers don’t realize is that certain financial decisions made right before closing can put loan approval at risk, even after you’ve been “cleared” by your lender.

That’s why I always encourage my buyers to pause and check in before making any major financial moves.

💳 Why Lenders Recheck Your Finances

Most lenders perform a final review of your credit and financial profile shortly before closing. This helps confirm that nothing has changed since your loan was approved. Even small changes can affect your debt-to-income ratio or credit score, which may delay—or in rare cases, jeopardize—your closing.

⚠️ Common Financial Moves to Avoid

Here are a few actions that can raise red flags late in the process:

• Opening a new credit card or line of credit

• Making large purchases (furniture, appliances, vehicles)

• Financing items with “no payments for 12 months” offers

• Moving large sums of money between accounts

• Changing jobs or income sources

While these actions may seem harmless, they can impact your loan approval at the last minute.

✅ What You Should Do Instead

Before making any financial decision during the home-buying process—especially as closing approaches—check in first. A quick conversation can save you time, stress, and unexpected surprises.

If questions come up, I’m always just a message away. I’m also happy to connect you with a trusted loan officer who can walk you through what’s safe and what’s best to postpone.

🏡 A Smooth Closing Starts with Communication

Buying a home is a team effort. Staying informed and communicating openly helps ensure everything goes smoothly from contract to keys.

If you’re planning a purchase or are currently under contract and unsure about a financial decision, don’t hesitate to reach out. I’m here to guide you every step of the way.

Disclaimer: We are not attorneys and therefore we are not offering legal advice. 

My team and I can assist you with clean outs, removal of household items, estate sale, winterizing, landscaping, home maintenance and any other non-legal tasks that will help to lighten the load as you go through the probate process. Give us a call at 516-300-2427 or send an email to smbizsol@gmail.com.