preapprovals: Slow is fast- when it comes to Pre-Approvals for home loans
- 04/15/12 11:41 PM
What?, "Slow is fast?" When it comes to Pre-Approvals for home loans, its true. Every day we get calls from realtors who need a pre-approval right now, so they can start showing houses. Its all about what the client wants, right? Well, not really. It should be about what the client really needs. What they need to know is how much house they can actually get approved for, which is much more involved than a quick 36% or 41% times their stated income. Anyone can quickly ask a few questions and crank out a pre-approval letter for a home loan that is (4 comments)