Mortgage broker and pre approval questions (loan, real estate, credit. – We spoke to a real estate agent, who recommanded us to a mortgage broker to get pre-approval, so we know how much our Correct me if I’m wrong, but I thought one of the pre approval processes involves pulling credit reports from the applicants, my husband and I. I have Equifax credit watch, and.
Being pre-approved for a mortgage by a mortgage banker or broker can be a good negotiating tool. For one, a seller might be inclined to accept a slightly lower offer if it comes backed by a solid pre-approval. This is especially important when a competing offer comes from a buyer who hasn’t yet.
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What Does Mortgage Pre-Approval Mean? | realtor.com – Mortgage pre-approval is a commitment from a lender to provide you with home financing up to a certain loan amount-basically, the stamp of approval that you have the money, credit history, and other credentials to buy a home up to that price.
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Pre-Approved Mortgages | Calgary – Mortgage Pre-Approval does not have to be a nightmare. Calgary mortgage broker Steven Crews explains the pre-approval process. To obtain pre-approval for your mortgage you must complete an application, provide documentation to confirm your income and credit record.
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