mortgage simple definition: Mortgage Pre Qualified vs Pre Approved

Mortgage Pre Qualified vs Pre Approved

Mortgage Pre Qualified vs Pre Approved. Reverse Mortgage Unethical Advertising Practices - What to Look Out For When Shopping For A Reverse

Mortgage Pre Qualified vs Pre Approved video duration 3 Minute(s) 2 Second(s), published by The LivingWell Team on 28 02 2019 - 23:04:16.

Should you get pre-approved or pre-qualified by a mortgage professional before shopping for a home? We break it down, tell you which one to get and explain Learn about mortgage shopping from Brandon Ferguson of CastleRock Mortgage as he shares insights with Adriane ahatfield, The Real Estate Referee.

Call (424) 225-2167 With Any Questions or Allow Me To Run Your Numbers
I'll need your Zip Code, Age, Property Value & Current Mortgage Balance
Book a What do car shopping and home buying have in common? It turns out, a whole bunch! Watch this week's video to test drive my theory and learn how to avoid the Call (424) 225-2167 With Any Questions or Allow Me To Run Your Numbers
I'll need your Zip Code, Age, Property Value & Current Mortgage Balance
Book a .

Should you get pre-approved or pre-qualified by a mortgage professional before shopping for a home? We break it down, tell you which one to get and explain the advantages to doing so.

1. (00:17) Pre-Qualification is fast, easy and usually free. It doesn't have much value since it is all done verbally. It is better than not getting anything, but real estate listing agents know that it may not be worth the paper it is written on.

2. (00:36) Pre-Approval takes much more time, requires you to document everything about your financial life and can even sometimes cost money (a small fee). It is a very reliable tool to prove you can actually afford to purchase a home. It is well worth the effort it takes to get it.

3. (03:00) 3 Reasons to get a pre-approval. My favorite reason is it lowers your stress level so you can enjoy looking for and buying a new home.

🏡 Let me help you - FREE OF CHARGE - when you buy or build your next home!

🔎 Search All Homes for Sale in Collin County Texas: https://www.thelivingwellteam.com/search/

🏡 View more details here about how we build better homes:
#buildingbetterhomes

💰 Find out what your Collin County Texas home is worth:
http://myprosperhomevalue.com

📬 Contact me at:
https://www.thelivingwellteam.com/contact/

Sincerely,

Brent Wells
The LivingWell Team
972-825-3672
https://www.thelivingwellteam.com

#NewHomeTips #HomeBuyingTips
#BuildingANewHome #BuildingBetterHomes
#BestProsperAgent #ProsperREALTORS