Why every home buyer needs a pre-approval before home shopping. » Mortgage Masters Group

Some buyers may qualify for assistance. Your customers count on you to help them determine the type of financing that’s best for their needs. April 4, 2017 (SEND2PRESS NEWSWIRE) – ReverseVision. HECM for Purchase is an FHA-insured reverse mortgage program through which qualified borrowers can purchase a home with no required monthly.

Mortgage pre-approval is the starting point to owning your dream home! Doesn’t it make sense to become a preferred home buyer before setting out on the journey of shopping for a house? Since serious sellers insist on pre-approved buyers, be savvy and insist on it too!

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You do not need a real estate agent to buy a home; in fact, many home buyers cut this middle man out of the equation. However, you might benefit from hiring one. Here’s why: There is ONE.

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Why every home buyer needs a pre-approval before home shopping. Sellers and agents won’t take you seriously as a buyer without mortgage pre-approval. And making an offer without it can cause major embarrassment.

As you search for a home getting pre-approved for a mortgage is an important step to take. This step helps to clarify our house-hunting budget or the monthly mortgage payment you can handle.

Why Every First Home Buyer in CT Should Get Mortgage Pre-Approval In 2015.. With a Mortgage Pre-Approval, the buyer supplies all the written documentation of the information they claim to be true. This formal application is reviewed by and underwriter to be sure the credit, income and.

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Someone else makes an offer on the same home but they are pre-approved. Guess which offer is likely to be accepted? In a very hot market, sellers may not even want to bother looking at your offer until you are pre-approved. If you’re looking at bank-owned homes, they require that you submit a pre-approval letter before accepting your offer.

Why Every Home Buyer Needs A Mortgage Pre-approval Just as you would not go shopping for groceries without cash in your purse/wallet or without knowing you have available credit on your credit card you should also not got shopping for a home without knowing if you have been pre-approved or not for a mortgage.