Buying a home is one of the biggest financial decisions you’ll ever make, and securing the right mortgage is a critical step in the process. Avoid these six common pitfalls to ensure your mortgage journey is smooth and stress-free:

1. Failing to Check Credit Scores Early
   Your credit score plays a big role in determining the mortgage terms you’ll qualify for. Many buyers wait until the last minute to check their credit, only to discover errors or low scores that could impact their loan options. Review your credit report months in advance and address any issues to boost your score.

2. Skipping Pre-Approval
   Shopping for homes without a mortgage pre-approval can lead to disappointment. Sellers are more likely to consider offers from pre-approved buyers, and a pre-approval helps you understand how much house you can afford. It also speeds up the process when you’re ready to make an offer.

3. Making Major Financial Changes Before Closing
   Once you’ve applied for a mortgage, avoid opening new credit accounts, making large purchases, or changing jobs. These actions can disrupt your financial profile and jeopardize your loan approval. Wait until after closing to make significant financial decisions.

4. Underestimating Closing Costs
   Many home buyers focus solely on the down payment and overlook the closing costs, which can range from 2% to 5% of the home’s purchase price. Include these costs in your budget to avoid last-minute surprises.

5. Not Shopping Around for the Best Mortgage
   Don’t settle for the first lender you talk to. Rates, fees, and loan terms vary widely between lenders, so it pays to compare offers. Even a slight difference in interest rates can save you thousands of dollars over the life of your loan.

6. Overextending Your Budget
   It’s easy to fall in love with a house that’s slightly out of your price range, but stretching your budget too far can lead to financial strain. Stick to a price point that allows you to cover your mortgage, taxes, insurance, and other expenses comfortably.

Getting a mortgage doesn’t have to be overwhelming. By avoiding these mistakes and working closely with a knowledgeable lender, you’ll be better prepared to navigate the process and secure the home of your dreams.