The 10 Commandments of securing a home loan

L■ Matt McPherson / Columnist ast week’s article on the 10 Commandments of selling a home was very well received by the community. Jennifer Murphy, a very productive local realtor from Coldwell Banker Associated Brokers recently posted to Facebook “The 10 Commandments of Acquiring a Loan while Buying a Home.” With the approaching buying season just around the corner, these guidelines can help eliminate many common mistakes made by buyers during the loan process and promote a smooth and transparent transaction. I’ve expanded on her points here. 1. Thou shalt not make large deposits without first checking with your loan officer. Any discrepancies in income, especially large deposits, may create more

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