bogus approval letter: Did You Know There Are 7 Different Kind of Approval Letters? - 02/27/12 06:53 PM
There are currently seven different kind of approval letters. It all depends on who you get the from and under what circumstances. Here they are. 1. The on the spot pre-qual letter that's generated online from your favorite bank. This is the easiest to obtain. You can enter whatever you want online and as fast as you can say "We're here to help" is about the length of time it will take to become instantly approved. This document is almost worthless, but not entirely. You can use it to start a fire, make an airplane or wad up and throw it
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bogus approval letter: I Am Prejudiced And Here's Why.... - 09/23/09 09:04 AM
I hate to say that I am biased about any aspect of our business, but I am. I despise Bank Of America. In my opinion, they are the walking, talking shinning example of corporate greed and disgust. So why am I talking about the Bank of North America today? When I receive an offer I always heavily screen the preapproval letter. It's my duty & responsibility to my seller, and I won't apologize to anyone for being tough about it. You have to call the lender to: 1. Ensure you have an open line of communication. A working phone number, extension, email
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