payment: Mortgage Pre-Approval Still Important For Today’s Buyers - 09/22/08 03:33 AM
As today’s lending standards require higher credit scores and larger down payments than in the recent past, it’s more important than ever for buyers to be pre-approved for a mortgage before starting the home shopping process. Here’s why: * Knowing exactly how much money you can qualify to borrow will ensure you don’t waste your time looking at homes you can’t afford. * Based on your loan pre-approval, you’ll know in advance what contract terms you’ll want to negotiate with sellers–for example, seller-paid points, closing costs, inspections, etc. * If you find a particularly good deal on a home, you’ll be … (0 comments)

Olga Roy (Fizber)

Olga Roy

Miami Beach, FL

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