A pre-approval letter is a document from a lender based on certain assumptions, stating the maximum the lender is willing to lend to purchase a home. When applying for a mortgage pre-approval, the lender typically requires information about your credit, employment, income, debts, and assets to determine your creditworthiness. Documents Needed for Mortgage Pre-Approval Here […]

As you prepare to purchase a new home, you’ll hear the terms “pre-qualified” and “pre-approved.” These are key steps in the mortgage application process. However, there are important differences in the two terms that every homebuyer needs to understand. Briefly, being pre-qualified is a first step in the mortgage process that gives you an idea […]

Is new construction the right way to go when you can’t find the “perfect” home? Finding an existing home can be a frustrating experience, especially when you discover that the “perfect” home just sold. According to Zillow, homes are selling faster than in previous years. In 2020, homes spent an average of 25 days on […]