Buyers who are under contract should not tamper with their credit or make any “major” purchases.  It’s common for lenders to verify the buyer’s credit a few days before the loan is scheduled to close to see if the income/debt ratio has changed.  If so, this can jeopardize the mortgage.   The best advice is do not buy anything new on credit or open new accounts before settlement. 

For more information, please contact me at 717-623-8508 or call your preferred lender.