Loan approval after debt changes (credit card, lender, FHA, closing)

[Acruise77]

My husband and I have been pre approved through FHA. Our closing will be next month but there has been some changes to my debt. I read navy federal does not re pull credit report. What are our chances of us losing home or actually getting it. All paper work required has been submitted and LO keeps telling us everything is good.
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[SmartMoney]

What kind of changes? Did you open a new account? How much of an increase? Different lenders use different methods. For example, I work for a credit union, we only look for new inquiries, we don't check balances. I don't believe FHA requires a pre-closing check, but many lenders do check as part of their QA.

If you can tell me how it changed, my former processor works there now. I can check on how they handle.

[Lovehound]

One of the big rules when buying a house on credit from a lender DO NOTHING TO CHANGE YOUR CREDIT PROFILE before the deal closes.

Do not open new credit cards or lines. Do not buy a car on credit. If you are going to change anything at all pay something off.

Your lender is VERY LIKELY to ask you to sign a statement that your credit hasn't changed. Your lender is quite likely to run one final credit report on you.

Change anything and you are doing it at your own peril. Worse, you may find out about it only on closing day or mere days before.

Maybe this should be obvious but I guess you can't expect to be born knowing this, and they for sure don't teach it at school.

When you are in the period starting PQE and ending at COE do absolutely nothing that will change your credit profile! And this includes having relatives "loan" or "give" you cash. Lender sees any unusual deposit they will ask what that was. I had to justify the money I deposited just selling an unneeded pick-up truck. I had to sign a statement explaining what that was for.