The Impossible Mortgage Rates Of Freddie Mac - Today's Mortgage and Real Estate News. Mortgage Qualification And The Legs of A Stool by Wes Putnam (NMLS 589312)
The Impossible Mortgage Rates Of Freddie Mac - Today's Mortgage and Real Estate News video duration 3 Minute(s) 16 Second(s), published by Growella on 13 07 2018 - 15:32:05.
https://growella.com/mortgage/ ▻ Today's mortgage and real estate news: (1) Freddie Mac's weekly Primary Mortgage Market Survey is not an actual rate Starting your search for the purchase of a new home? The first step should be to get pre-qualified THEN start looking for homes to purchase
Tune into this .
. Thinking about buying a home? There is a big difference between a mortgage Pre-Approval and a Pre-Qualification
You need to know the difference in order to How are your legs looking? Are they strong enough to qualify for a mortgage?
https://growella.com/mortgage/ ► Today's mortgage and real estate news: (1) Freddie Mac's weekly Primary Mortgage Market Survey is not an actual rate consumers can use; (2) Today's mortgage rates, plus a look at the 5-day trend in rates; (3) The obvious reason behind why home sellers demand buyers submit pre-approval letters with offers, and why pre-qualification letters just aren't good enough.
FROM THIS EPISODE
Pre-qualifications are a nothing. An empty. A piece of paper that proclaims a person can purchase a property at a particular price. Nothing goes into them. You could write one, I could write one, a cat could write one if it had opposable thumbs. And that's why sellers throw them out. Pre-qualifications don't say anything. Like every Radiohead song from the last fifteen years. What you really need is a pre-approval. A pre-approval has meaning. It's the product of an actual mortgage application with an actual mortgage lender and it signals to sellers that \
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