In 2018, mortgage pre-approvals are absolutely essential to the home buying process. Some real estate professionals won’t work with borrowers who haven’t been pre-approved for a mortgage. Sellers rely on pre-approval letters to help determine whether a potential buyer can...
Before a lender offers someone a loan or line of credit, that lender wants to know the answer to one very important question: if I loan money to this person, how likely is it that this person will pay me...
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