As you know, lending guidelines are like the weather in New England. Wait 5 minutes and they could change! With that introduction, why would you bring your clients out to see homes without having a full commitment letter from the Lender? Not a Pre-Approval… Not a Pre-Qualification letter, but a full commitment letter from USContinue reading “A Commitment Letter to shop for a home”
Tag Archives: mortgage approval
Why it is so important to get Pre-Approved!
It’s always been a good idea to get pre-approved for your mortgage loan, but lately, it’s become even more important. Why should I be pre-approved for a mortgage loan? In recent years, mortgage guidelines have been tightened. Documentation requirements have been expanded and followed more closely. A pre-approval gets you through the process and uncoversContinue reading “Why it is so important to get Pre-Approved!”
Mortgage Rates still Trending Down
The Do’s: Home Buying Process Made Easier
Last month I talked about The Don’ts: Home buying deal killers, the things that can negatively affect your mortgage approval process. There was a very extensive list of don’ts but as you can see from a quick glance below….The Do’s list is quite a bit smaller. Although this list is smaller, the following are essentialContinue reading “The Do’s: Home Buying Process Made Easier”
