𝖡𝗎𝗒𝖾𝗋 𝖡𝖾𝗐𝖺𝗋𝖾: 10 𝖳𝗁𝗂𝗇𝗀𝗌 𝖭𝗈𝗍 𝗍𝗈 𝖣𝗈 𝖶𝗁𝖾𝗇 𝖡𝗎𝗒𝗂𝗇𝗀 𝖺 𝖧𝗈𝗆𝖾

You found the right home, your offer got accepted, and now you're heading into escrow. So what could go wrong? Honestly — a lot, if you’re not careful.

At the Nickle Team, we’ve seen deals fall apart over simple mistakes buyers didn’t even know they were making. So let’s talk about what not to do when you’re buying a home.

Here are 10 real-life deal-breakers to avoid:

❌ 01. Changing Jobs or Income

Now’s not the time to switch careers, go freelance, or quit your job. Lenders want to see consistent income and employment. Changing that mid-escrow could delay — or derail — your loan approval.

❌ 02. Buying a Car or New Vehicle

That shiny new SUV can wait. Taking on new debt changes your credit profile and could impact your debt-to-income ratio, which is huge for lenders.


❌ 03. Racking Up or Cancelling Credit Cards

Avoid big purchases on credit. And definitely don’t close any cards — it can ding your score. Keep your usage under 30% and stay current on payments.

❌ 04. Spending Your Closing Funds

That money you’ve set aside for your down payment and closing costs? It’s not optional. Don’t touch it, move it, or use it. You’ll need every dollar to close smoothly.

❌ 05. Hiding Debts or Financial Liabilities

Transparency matters. Don’t “forget” to include student loans, personal loans, or other obligations on your loan application. Lenders will find them.


❌ 06. Buying Furniture or Appliances on Credit

We get it — you’re picturing your new couch in that living room. But don’t finance anything until after you close. New credit = new risk to your lender.

❌ 07. Running Your Credit

No new credit cards, car loans, or store accounts. Any new inquiry can trigger red flags and potentially re-underwriting. Let your lender guide you before pulling the trigger on anything.

❌ 08. Making Big Deposits or Withdrawals

Large, unexplained bank activity is a no-go. Talk to your lender before transferring funds, depositing cash, or moving money between accounts.

❌ 09. Changing Bank Accounts

Your lender is tracking where your funds are coming from. Opening or switching accounts mid-process can create delays or verification issues.

❌ 10. Co-Signing a Loan

You may love your friend or sibling, but co-signing during your own home purchase could disqualify you or increase your debt load. Press pause on the hero moves until after closing.

✅ Bottom Line: When in Doubt, Check First

Buying a home is exciting, but it comes with serious financial rules. One slip can cost you the home. Before you make any financial move, ask your lender or your Nickle Team agent first.

Want a copy of this checklist to keep handy? Let us know and we’ll send over a printable version — because informed buyers are empowered buyers. 📩 Questions about your home loan or what to avoid? Reach out — we’re here to help you protect your purchase, 1-844-922-7653.