Okay. My husband and I are freaking out. We bought a couch a few days ago with his paycheck. Our bank account is at the same amount as when they checked it last week and we haven't touched our credit. Will this effect us tomorrow when we close???!!! I don't see how because our credit was not touched and our funds in the bank are the same. We used his paycheck to buy food and gas and the couch. It was deposited into the account but we only used the paycheck amount. Do they check the bank account one more time a few hours before closing? Also, if all goes well as soon as we sign the paperwork, how soon can we finance on the rest of our furniture we would like to get? Can we finance on the furniture as soon as we leave the title co?

Thanks in advance...
No we were not aware of what would happen if we made one measly purchase until after we purchased it and met up with our mortgage lender to sign other papers and didn't bring it up to her attention. I personally do not think a couch was a stupid purchase. We are first time homebuyers unaware of the little things that would effect us before closing.

You are playing with fire. Yes, the lender makes last minute checks to insure that nothing has changed. If you are a marginal borrower, this could bring a complete halt to your final mortgage approval. Did your mortgage broker not advise you against doing something this silly ?

Could you have waited until AFTER closing to buy the couch ? Your purchase was, very frankly, ill advised and rather stupid.

You are making me nervous!!!! LOL if I were your real estate agent I would spank you! Most likely you are ok. You should NOT have done that because yes the bank very well could check everything one more time! They probably won't.

Ok, buying furniture.... once the home is recorded into your name, which will be by 5:00Pm on the day of closing in most cases. Then you are good to go. Make sure the escrow or title company has recording numbers. That means the home is recorded under your name.

Please be careful with your credit now that you are homeowners. Congratulations on your new home but lets make sure you STAY in it ok?

Don't finance anything; don't you see what's happening to people in the US because they have too much personal debt? Get a mattress and have fun and be happy and don't start your life in debt. Money problems are the number 1 cause of divorce. Love each other and enjoy being.