Real estate blog entries tagged with pre approval by Kim Murphy | Mortgage Loans in DuPage, Kane, Cook, Lake, Will Counties Illinois (1st Advantage Mortgage, LLC)

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Home : Blogs : Kim Murphy | Mortgage Loans in DuPage, Kane, Cook, Lake, Will Counties Illinois : Illinois Home Loans - Refinance - Purchase : Tag "pre approval"

pre approval: Turning away clients...never easy, but sometimes necessary! - 11/17/08 10:36 AM

The real estate market is a tougher place today. Underwriting guidelines are changing almost daily, rates are a roller coaster at times, and some buyers have listened to the doom and gloom of the media afraid to do anything in the real estate market. When I received a call from what seemed to be a very well qualified buyer interested in purchasing a couple of homes to rent out and to rehab, I was more than happy to help.
The referral came from a Realtor partner. I spoke to Mr. Smith (name changed to protect the guilty) about the first property, … (57 comments)

pre approval: Buying a home in Illinois? ~ 10 things you NEED to know! - 07/07/07 11:31 PM

Buying a new home is the biggest investment you will make. There are many misconceptions when it comes to purchasing a home. I have listed 10 things you NEED to know when buying a home. When working with a mortgage professional you should have more than one loan option to choose from. It is always best to talk to a mortgage professional before looking for a home. This will allow you to get pre-approved so that you know what payments are comfortable for you, and can look at home in that price range.
10 things you NEED to know when Buying a Home
You … (4 comments)

pre approval: Mortgage Lender in Illinois asks ~ Do you want a pre approval or pre qualification? - 06/26/07 11:39 PM

Do you want a pre approval or a pre qualification?
What's the difference?
A pre qualification will tell the Realtor that you have talked with a mortgage lender, given your income, current debt information and how much you will be using for down payment. The seller of a home you may be interested in purchasing, would prefer you to be pre approved.
A pre approval will tell the Realtor and the seller that you have provided much more than just the basics.
A pre approval should require you to provide documentation and the approval from you to pull a current credit … (20 comments)

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Kim Murphy | Mortgage Loans in DuPage, Kane, Cook, Lake, Will Counties Illinois

Carol Stream, IL

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1st Advantage Mortgage, LLC

Address: Dupage, Kane, Lake,Will, Cook Counties, IL

Office Phone: (630) 376-0527

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