Mortgage: What are the dos and don’ts of being in Escrow?

• Continue using a minimal amount of your available credit.
• You can maintain the usage you had at qualifying, but do not increase your debt.
• Pay your bills on time, or early.
• Follow up on the escrow process to be sure you are current on your tasks.

Do Not:

• Close any credit cards.
• Change jobs.
• Buy or lease a car.
• Open new lines of credit.
• Spend your assets, other than living expenses and normal bills.

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