Home buyers: Don’t be stressed about what happens between mortgage loan application and before final loan commitment

Home buyers: Don’t be stressed about what happens between mortgage loan application and before final loan commitment For many home buyers, the time between submission of loan application and lender’s loan commitment can be one of uncertainty and stress. Understanding the process can help to reduce the stress. During this time, be available if the … Continue reading Home buyers: Don’t be stressed about what happens between mortgage loan application and before final loan commitment

Applying for a mortgage loan

Applying for a mortgage loan After choosing your Realtor, and before shopping for a home, choose a lender and get preapproved for a loan. Remember, getting preapproved is based on a preliminary review of your credit information and preapproves you up to a maximum loan amount. Because a preapproval includes a credit check, it’s more … Continue reading Applying for a mortgage loan