What Is The Meaning Of Pre-approval? [ Does pre approval hurt credit score? ]
When buying a home, the first step is to get pre-approved for a mortgage but not many people understand why it’s so important as they often want to just start looking for homes.
Patrice Henderson interviewed Billy Slobin of The Slobin Group this week to dive deep into what the mortgage pre-approval process entails and why it’s so important.
It’s also essential that you have a great lender to work with who is very knowledgeable, loves what they do and will do the work to help you get into your new home as getting a mortgage is a stressful process within itself.
In addition, not all lenders have the same loan programs so you also want to be sure you work with a mortgage lender than can provide the loan program that works best for you.
This has been “What Is The Meaning Of Pre-approval? [ Does pre approval hurt credit score? ]” by Patrice Henderson of Designed Living Real Estate. Be sure to subscribe to her YouTube channels for all your real estate tips, home tours and advice.
Get your FREE book on best selling tips here and your FREE listing consultation or buyer’s consultation to learn more about the buying and selling processes including more information on buying a home. Get the detailed latest housing report here.
Get your FREE book on “The Complete Guide To Buying A Home” here and you can set up your customized home search here.
Check out more home seller tips and home buyer tips to learn more on the home selling process and home buying process as well and feel free to reach out to us should you have any questions or concerns or want us to help you with your real estate needs at (248) 780-2518.
We are always happy to educate and help our clients through designing the right real estate solutions so they can live the life they desire.