Do not lie or embellish the truth on your mortgage application. This will only cause problems down the road, and/or the denial of your loan application. Always be upfront and honest. This is the best way to help speed up your loan application process and get you the best deal for your situation.

You should not leave out information that is crucial to your loan application. Changing employment dates to appear more appealing will cause problems when the U/W does a verification of employment. Being completely honest and upfront with all information will streamline your application and give you a better chance of approval than changing facts to appear better than they are.

Do not change jobs.
Do not quit your job.
Do not get so caught up in obtaining your mortgage that your work suffers and you get fired.
Do not try to falsify employment or income.
We've all heard stories of borrowers that quit their jobs the day before or the day of their closing, then the lender re-verifies employment and the loan is denied.

After applying for a mortgage do not apply for any new credit until your loan closes. This includes charging new furniture or leasing / purchasing a new car. Any new debt will effect your debt to income ratio and may disqualify you from your loan. When any retailer asks you for your social security number this means they are going to pull your credit: do not give them the information! Tell them you are applying for a mortgage and do not want any new inquires to your credit history.

When applying for a mortgage, do not apply to multiple lenders at the same time. This is illegal. Your credit score will also suffer as multiple lenders pull your credit. Choose a mortgage broker which has the ability to match your application up with any wholesale lender available to them. This will allow you to avoid the shopping process all together and help keep your credit from being ruined in the process.

Do not be allowed to let yourself be talked into borrowing more money then you think you can afford vto pay back. With some of today's stated loan programs it is east to get in over your head. Pick a budget and stick to it.