Spending habits before closing

[tianapb725]

I'm going through the process of closing on a house!  Yippee!  I have a 780 score and the mortgage and debt will be at a 41% DTI.

What things should I watch out for before closing?  I won't be opening any accounts from now until closing, but just want to make sure there's anything else I'm missing.

TIA!

[DallasLoanGuy]

dont draw the bank account down. if closing were delayed and asset documentation expired then you could see trouble.

if you are all approved and in closing thouh, you should be fine\

[tianapb725]

Well it will go down a bit because of my deposit, but I get paid 6 times before actual closing (January 9, 2015). It's going to be a light Christmas lol

[DallasLoanGuy]

have loan officer re-preapprove with less cash in bank.

if it still works. you are fine.

i do this for clients every other november. LOL

[DallasLoanGuy]

and the deposit is STILL your money and is on the loan ap. just in a different spot. dont sweat the bank account going down an equal amount as the deposit

[tianapb725]

Okay, thank you so much!