One of the essential steps to completing a mortgage loan application is getting approval. However, approval is not the end of the financing process, and it doesn’t not ensure that the money will come through.

Many lenders are starting to do a sort of credit report double check. A week or two before closing, a mortgage lender might decide to pull up your credit report again, just to see if your financial situation is the same as when you gained approval.

In some cases, if you have added a great deal of credit card debt, or applied for a new consumer loan, it will show up when the mortgage lender does the credit report double check. And if it looks like you are getting into a lot of debt, your mortgage financing could fall through.