Search / 37 posts tagged preapproval

I recently had a newly preapproved client ask me that question.  It’s quite a timely one!  Before this market, I would say that a preapproval letter used to be good for about 90 days assuming that none of the information on provided on the loan application has changed.  Now-a-days, you have to factor

Read more » Created by shortsalerealtor 24 min 32 sec ago – Made popular 24 min 32 sec ago Category: How To's & Education Tags: How To's & Education loan increase preapproval prequalification subprime loan Login or register to post comments 1 0 -1 -2 -3 1

While shopping for a home loan, brokers and lenders will offer to pre-qualify or pre-approve you for a mortgage. Home loan pre-qualification and pre-approval are different and distinct processes, so it is important for you to understand the difference.

While shopping for a home loan, brokers and lenders will offer to pre-qualify or pre-approve you for a mortgage. Home loan pre-qualification and pre-approval are different and distinct processes, so it is important for you to understand the difference.

Mortgage Information - Refinancing? Second Mortgage? Home Equity Loan? Understand The Basics Posted on August 21, 2008 Submitted By: Carrie Reeder A mortgage is usually the biggest purchase that an individual makes, and because of that, many people tend to get nervous during the process.

Which Homes Can I Afford? Posted on August 4th, 2008 by admin Lee Keadle When looking to buy a home, it’s easy to get caught up with the houses and forget about the financial aspect of buying a house. It’s important to know which homes you can afford, since there is no reason to make plans for a house that you love but cannot afford.

Pre-Qualifying For A Home Loan It's easy but it doesn't mean a lot. Lenders have this process streamlined. They do a ten-minute consultation with you and plug the numbers you give them into a formula and then gives you a number on the amount of a loan you pre-qualify for.

Buying your first home is all about compromise making the dream fit reality and the budget....

Buying your first home? Not sure what the difference is between a variable rate and a fixed rate mortgage? Do you understand the true cost of borrowing? Keep reading for 7 invaluable mortgage tips that are critical for any first time home buyer. 1. The bigger the down payment, the better.

Buying a home is a major purchase and also an investment, so making sure you\’re buying the right house is crucial. Before you sign the legal documents making you both owner and borrower, you want to be positive that you\’re purchasing the best house for you and your family.