Posts

How To Get Pre-Approved For A Mortgage

A pre-approval is a way to be a step ahead when it comes to house hunting. It is a requirement for all homebuyers who plan to use a mortgage loan to finance their purchase. What Does Pre-Approved Mean For A Mortgage Not to be confused with a pre-qualification, a pre-approval is an in-depth verification process […]Read More

How Long Does It Take To Get Pre-Approved And Apply For A Mortgage?

Agents frequently ask us how long it takes to apply for a loan, and how long it takes to get pre-approved (so they can share the info with their clients). Our answer is always that “it depends” b/c there are so many variables, but that it takes much less time than it did in the […]Read More

How To Prepare For A Mortgage Pre-Approval

A pre-approval is a requirement to buy a home. Most realtors, and sellers, will not even go through the negotiation process with a potential buyer if there is a chance the mortgage could be denied. HOW PRE-QUALIFICATION AND PRE-APPROVALS DIFFER Pre-qualification is typically an estimate on what loans a buyer can qualify for based on […]Read More

Is The Mortgage Application Challenging For California And Texas Homebuyers?

The mortgage application has been rumored to be extremely challenging for California and Texas homebuyers to navigate and get pre-approved. The app is very straightforward for homebuyers with a sensible credit score (620 or higher for conventional loans) and evidence of their income and assets.  The mortgage application is more demanding today than it once […]Read More