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prequalification: What is a "Commitment To Lend" and why they can be worthless - 07/21/10 10:23 AM
Recently there have been several posts here on AR with agents, loan officers and a couple of readers chiming in about pre-approvals, pre-qualifications and even Commitment Letters. In this very short post I am speaking only for myself and my companies and what he have, can and will do and the value of it. Specifically focus is on the commitment letter.
Pre-Qualification
If you get a pre-qualification letter from me you are getting a letter which says I have taken an application, examined the credit history and used an Automated Underwriting System to receive an approval level. No income statements have … (36 comments)

 
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Ken "Yes You Can" Cook

Marietta, GA

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Ken Cook, Web Dev, Brand Strategist 678-439-8683

Address: Atlanta, GA, 30339

Office Phone: (678) 439-8683

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