Why Mortgage Pre-Approval Matters – North Florida Mortgage

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In Seattle, Houston and Chicago, cities that were relatively insulated from foreclosures early on in the housing bust, a growing number of homeowners are falling behind on mortgage payments. in.

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Why pre-approval is important. A letter of pre-approval from a mortgage lender is akin to a VIP ticket straight into a home seller’s heart. Why?

pre-approval for mortgage Why Mortgage Pre-Approval Matters: A Guide for Home Buyers – If you’re on the market for a mortgage, you probably know that lenders won’t just shower you with money when you show up at their office with a smile and a heart-warming story about how you’ve found.

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Mortgage Pre-Approval The mortgage process for homebuyers is easy with RHMC – and it starts with an RHMC Pre-Approval! RHMC is one of the nation’s top customer rated mortgage lenders by combining great rates, underwriting flexibility, and an experienced staff that prioritizes unparalleled customer service.

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A pre-approval isn’t a guarantee of a loan. If you’re not careful, you could lose it. Here’s what to do and NOT do after your pre-approval. Congrats, you got pre-approved for one of the biggest loans of your life – a mortgage.

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Obtaining a pre-approval for a mortgage is the first step in owning your own home and Clear Mountain Bank is committed to making this process as quick and convenient as possible. A pre-approval helps you understand the loan amount you may qualify for, before you find a home.