Most would-be homebuyers know that it's not a good idea to open new credit cards or take out other loans while trying to get a mortgage.<br />But according to Business Insider, it doesn't stop there. Make sure you don't do any moving around of the money you've set aside for the down payment.<br />That's because prior to final approval of your mortgage, lenders have to trace the origins of any transferred money for at least the past two months.<br />While moving money around may get you a higher interest rate, it also means you'll have more loose ends to tie up in collecting your documentation.<br />So once you're pre-approved, save yourself some hassle and leave your money alone. If nothing else, it will simplify an already complicated process.
