by lizlaurenb | Dec 12, 2023 | Home Mortgages
Pre-approval and pre-qualification are terms commonly used in the context of mortgage loans, but they can also apply to other types of loans. While they sound similar, they have different meanings and implications in the loan application process: Pre-qualification:...
by lizlaurenb | Jun 9, 2023 | Mortgage
Obtaining a pre-approval for a mortgage is an important step when you’re planning to buy a home. It gives you an idea of how much you can afford, helps streamline the home-buying process, and strengthens your position as a serious buyer. However, many people...
by lizlaurenb | Feb 23, 2023 | Mortgage
When you are purchasing a home, your lender may recommend you obtain a mortgage pre-approval before you find the home of your dreams. There are some benefits to being pre-approved before you find a home, but oftentimes, people confuse pre-qualifications with...
by lizlaurenb | Jun 25, 2020 | Mortgage
There are many people who set buying a home as one of their major life goals. There is a lot that comes with owning a home including a major investment opportunity, a sense of stability, and a feeling of pride; however, homes are also expensive. It can be challenging...
by lizlaurenb | Jun 4, 2020 | Mortgage
There are many people who are considering buying a home because the current market is so attractive. With the ability to carry out virtual tours, this makes it even easier for people to find the home of their dreams. While the fun part is looking at houses, it is...
