Advice on what is appropriate when applying for loan

[Jennifer Griffin]

Hi, I want to know if anyone else has encountered this and want to make sure I handle the process right. 

If you recently acquire a property that impacts your debt to income ratio but it has not hit your credit report yet, are you obligated to report this on new applications for credit during the same time frame (if these transactions take place within 1 or 2 weeks of each other)? I most surely don't want to commit fraud, however, want to secure the best rates and credit I can in an honorable fashion.

Thanks for your candid feedback and sharing your experiences.