Blog Category: homebuying

June 3rd, 2018 qualification
June 3rd, 2018

Pre-Approval Letter Versus Pre-Qualification Letter: What Is the Difference?

When you’re beginning the home-buying process, figuring out what you need to get your mortgage loan can seem complicated. You may even be tempted to find your dream home first before you apply for a mortgage. However, going through the pre-qualification and pre-approval processes at the start of your search can make the entire experience go more smoothly.

Before you meet with a lender or mortgage broker, you should have a good understanding of how the loan process works. This guide covers the basics of loan application, qualification, and approval. Read More

Categories: Home Buying Process, Loan Process, Underwriting Rules, , ,

June 24th, 2018 hd wallpaper 7075492 1920
June 24th, 2018

Why Do Sellers and Realtors Want Me To Be Pre-Approved?

Always get your mortgage pre-approved! Homeownership is a major component of the American dream. It provides you with your own piece of property to put down roots and live your life. You might think the process starts when you first go out hunting for houses or condominiums. But it often begins long before the initial meeting with a realtor when you contact a lender for pre-approval. Here are a few reasons why the seller and listing agent might want you to get pre-approved. Read More

Categories: credit, Home Buying Process, Loan Process, mortgage, , ,