It’s true that we have gone through the pre-qualification process, but until underwriting has completed their DETAILED review of your income, assets, and liabilities, as well as the home appraisal and other documentation, you need to refrain from incurring additional debt whether purchasing appliances and furniture, a new car, or even a new wardrobe. Underwriters are required to sign off on your ability to repay the loan based on the guidelines established by loan service providers. If you incur more debt, in addition to purchasing or refinancing a home, that risk goes up and we may not be able to close your loan.