What Do I Need to Know About A Mortgage PreApproval?
Posted by Andrew Calhoun on
What to Know About Mortgage PreApproval?
Having a mortgage preapproval has always been important, but now it’s become even more meaningful since the real estate market has grown substantially within the past five years.
Shopping in the current market for a new home, prospective homebuyers face the rapidly shifting real estate changes, characterized by low supply and growing prices. The house-hunting experience can be really exciting yet a little scary, kind of like the thrills and chills of a theme park ride... especially for First Time Homebuyers.
Despite the changes in the housing market lately, certain timeless practices remain relevant; one practice is securing a mortgage preapproval. Today, obtaining a preapproval is arguably more crucial…
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