When applying for a home loan, it’s important to follow some key guidelines to increase your chances of approval and get the best terms possible. Here are some things you should avoid doing when applying for a home loan:

1. Don’t make any large purchases, such as a car or expensive furniture, before applying for a home loan. These purchases can impact your debt-to-income ratio, which is an important factor in determining your mortgage eligibility.
2. Don’t change jobs or quit your current job without consulting your lender. A stable employment history is important to lenders, and a sudden change in employment status can affect your ability to get a home loan.
3. Don’t open any new credit accounts or take on additional debt while you are in the process of applying for a home loan. This can also impact your debt-to-income ratio and credit score.
4. Don’t neglect to provide all the necessary documentation to your lender. This includes proof of income, employment, assets, and any other information requested by the lender.
5. Don’t be dishonest about any information on your loan application. Lenders will verify the information you provide, and lying on your application can lead to loan denial or even legal consequences.

By following these guidelines, you can improve your chances of being approved for a home loan.