Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Why Amerisave, Part Five - Underwriter Reviewed Pre-Approvals

 
 
Hey Folks!
Lets face it. Nothing tears us as a buyer, seller, Realtor, Broker/Banker as much as a pre-qualed that gets declined in underwriting three weeks later (or at closing). In most of these cases the problem could have been discovered even before the contract was written.
At Amerisave we have a Underwriter review all pre-quals early in the process so we will not have these problems after a deal has been made.
To review:
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.
Pre-Qualified A loan officer or loan processor working for a mortgage lender or broker can typically pre-qualify you for a home loan within an hour. Getting pre-qualified for a home loan is a good first step that will let you know if you should proceed to the pre-approval process. To get pre-qualified you will need to complete a mortgage application and allow the broker or lender to pull your credit. They will review the mortgage application and your credit and let your know ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention