Buying a home? Learn from the pros on how to make the process easy

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Learn how to avoid making common mistakes when you buy your next home. Go behind the scenes with a Wyndham Capital processor for insider tips and tricks. 

It’s no secret that buying a home can be overwhelming, but it doesn’t have to be. At Wyndham Capital, we’re here to help you with tips and tricks designed to make the process fair, fast – and easy.

Meet Julie Flather, a Wyndham processor. Her job is to handle all the paperwork home buying requires. (And there’s a lot of it.) Once a loan is submitted by a loan officer, she reaches out to the borrower to begin the mortgage process. Here’s her advice on how borrowers can move into their new home faster, and have a hassle-free buying experience. 

Common Mistakes to Avoid When Buying a Home

Put your credit card away 

Refrain from getting that new car or that amazing bedroom furniture until after the loan has closed.  Any big-ticket item can interfere with how your debt-to-income ratio is calculated. “Borrowers often think that once they start the loan process, they’re free to accrue more debt,” said Flather. “But it can impact their loan.” 

When a borrower applies for a loan, Wyndham calculates their monthly income, including car payments, real estate, credits, etc. Flather and other processors pull the borrower’s information again before closing. If the numbers don’t add up,you may not be eligible for the same loan amount, which can result in not being able to proceed with or you may have to restructure the loan.

Buy when life’s steady(ish)

Another common mistake borrowers make is to apply for a mortgage during major life events. If you’re in the middle of switching jobs, salary changes, or moving from employee to self-employed, these factors can affect the buying process. 

Typically, buyers need two years of consistent income from the same job. Flather’s advice: Be prepared that we will need a two year employment history and gaps in employment and unsteady work history may result in additional documentation that is required. Bottom line, provide all details regarding your current and prior employment on the loan application.

Be transparent with your mortgage team 

If you’re worried about something in your financial history, be transparent with your loan officer and processor. They’re on your side. 

“We want to help people get a home,” said Flather. “That’s why we got into this line of work.” 

And the best way to help? Be up front. 

Learn More About Home Loans at Wyndham Capital

Our team at Wyndham Capital is here to help you purchase your new home as soon as possible, and set you up for success. Learn more about our mortgage services at Wyndham Capital and find a loan officer near you! 



Trey started in the mortgage industry in 2009 helping grow a regional lender with 150 employees to one of the nation’s 10 largest retail mortgage lenders. In this position Trey lead marketing technology innovation for sales enablement and the digital borrower experience for borrowers, loan officers and real estate agents. He joined Wyndham Capital in October 2019 to lead Marketing. His strategy of developing emotionally engaging content, tools and applications for loan officers, marketing automation and unique branding has delivered remarkable results. Since starting at Wyndham Capital, Trey has grown the marketing pillar into an internal agency focusing on three core marketing practices: brand marketing, digital marketing, and sales enablement. Under Trey’s guidance, Wyndham Capital works toward being known as the prototype for the future modern lender.

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