Does Loan Pre-Approval Letter Guarantee you a mortgage?
Some of you out there looking for mortgages in Tampa Bay must be wondering whether or not a pre-approval letter guarantees you a mortgage. The short answer to this question is no. A pre-approval letter doesn’t guarantee you a mortgage. It simply gives you a chance of getting a mortgage. What is more important is […]
Why it’s not a good idea to start looking for a home without preapproval?
I hear a lot of buyers start looking for a home without getting preapproved for a mortgage. Of course, it doesn’t hurt to look online and get a general idea of prices and get a feel of the market. But if you are serious about purchasing a home it’s strongly recommended to get preapproved first […]
