Banks are reportedly losing favor of mortgage pre-approvals, which are often viewed as an important first step in the home buying process. Mortgage preapprovals are a written commitment from lenders outlining the loan amount and interest rate that homebuyers qualify for. They give buyers an indication of how much they can afford on their home purchase, as well as show sellers their commitment to purchase.
See more at: http://osceolarealtors.org/banks-scale-back-on-crucial-step-in-home-buying/#more-'
With eight of experience in selling homes in Central Florida working for Luxury Realty, Bernardo’s knowledge and dedication has made him a leader in the local real estate market. He has developed a strong reputation of character, integrity, honesty and reliability. Using his focus and unique ability to set aside personal agenda, he is thought of as a trusted adviser to his clients and friends.
If you have any question or concerns regarding loan approval or how does the process work, give me a call and I'll help you through easy steps to get you approved and ready to buy not only a house but your home.
ReplyDeleteShutdown pushes mortgage rates down as a result of the federal government shutdown and declining consumer confidence, fixed mortgage rates fell for the third consecutive week, Freddie Mac reports, ending at their lowest averages in nearly four months.
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