fort knox: 5 HUGE REASONS TO GET PRE-APPROVED FOR FINANCING BEFORE YOU START LOOKING FOR A HOME by Jason Jarstfer
- 10/20/10 03:21 PM
As a Real Estate Professional, I consistently have buyers feel they don't need to get approved because they know what they make, and they know what they can afford. However, with all of the changes in the financial market, a lot of people that spoke to a bank 12 months ago and got issued an approval, find the home they want and are no longer eligible for financing. The reason for this is because the financial market has really cracked down on who they will lend money to. Over the past 12 months, minimum credit score requirements have changed drastically, down … (2 comments)
As a Real Estate Professional, I consistently have buyers feel they don't need to get approved because they know what they make, and they know what they can afford. However, with all of the changes in the financial market, a lot of people that spoke to a bank 12 months ago and got issued an approval, find the home they want and are no longer eligible for financing. The reason for this is because the financial market has really cracked down on who they will lend money to. Over the past 12 months, minimum credit score requirements have changed drastically, down … (2 comments)
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