Danny's Real Estate Blog - Blog Archive: June, 2016

Danny's Real Estate Blog - Blog Archive: June, 2016 Close
Page Summary

June 2016

There are 1 blog entries for June 2016.

No, they are not the same thing. But if you thought they were, you're not alone. Too many people have no idea of what the distinctions are between the two, and it can make a major difference when making an offer on a home. So if you're looking to buy a home, pay attention to the following:

Pre-qualification

Getting pre-qualified is the first step in the starting the mortgage process, and it's usually pretty easy. You give the mortgage lender a brief summation of your overall financial condition, including your debt, income and assets. After taking this information into consideration, a lender can give you a general idea of the mortgage amount for which you qualify. This process can be done over the phone or online, and it usually doesn't cost

838 Views, 1 Comments.