How to Holiday Shop After Getting Pre-Approved for a House

getting pre-approved for a houseCongratulations! You’ve jumped that critical first hurdle toward homeownership—getting pre-approved for a house loan. But that doesn’t mean you’re in the clear to spend like crazy for the holidays. In fact, you should be more cautious, according to Trulia. In a recent blog, they recommend three “don’ts” to follow to ensure that closing on your dream home is hassle-free. In addition to the obvious caution against racking up any new credit card debt, they also warn against doling out cash for holiday gifts. Lenders will be questioning large cash withdrawals as a condition to maintain your approval status. They say, “It’s all about keeping the status quo between preapproval and closing — something that can be more challenging during the holiday season.”

To learn more about holiday shopping after getting pre-approved for a house loan, read the entire article.

Image Source: Mark Moz