Avoid Start Banking With New Financial Institutions

Avoid start banking with a new financial institutions:  The pre- approved loan is based on the current status of your existing bank balance. You want to maintain that status and wait to make any financial changes until after you have gotten your loan. Changing banks before getting your loan can disrupt everything. Yours banking history and status is part of the equation that leads to you getting pre-approved. Change your bank may not get final approval.

 

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