Why Do I Need To Be Pre-Approved VS Pre-Qualified To Look At Houses? I’m asked this question often. Sure if you are pre-qualified for a home loan you may have a good chance of getting approval to purchase that new home. There is a difference between two processes.
I encourage my clients to speak with one of our preferred lenders before scanning the multiple listing service and scheduling appointments to look at available homes on the market. Getting pre-qualified is a simpler task. The lender will gather (4 comments)
Thinking about making a move? Do you know which Important mortgage documents you need for your new home loan? You may need to gather personal data from the past two years before speaking with your lender.
A mortgage lender will be able to pre qualify you before talking with a Realtor®. If you don't know who to contact I have an excellent resource for a variety of available loan programs in Fort Worth.
Yes, the lender will request and retrieve a copy of your credit report, it may be different than the copy you receive (0 comments)