Tag: Prequalification

Prequalified vs Preapproved: Tips On Securing a Mortgage Before Buying a Home
Posted on 12/15/2019
Prequalified vs Preapproved: Tips On Securing a Mortgage Before Buying a Home
If you’re a first-time homebuyer, odds are you’ve thrown the words “prequalified” and “preapproved” interchangeably. However, when it comes to home loans, there are some very important differences between the two. For buyers hoping to purchase a home with a few missteps and misunderstandings as possible, it’s vital to understand the procedures involved in acquiring financing for a home....
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What You Need to Know to Apply for a Bank Mortgage
Posted on 11/10/2019
What You Need to Know to Apply for a Bank Mortgage
Few people can save up the cash required to buy a house. If you're contemplating buying your first house, your first stop will probably be your local bank to inquire about a mortgage. When you talk to the mortgage officer, they will ask you to provide several documents. Various documents will be required at different stages of the...
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