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It is not unheard of to not get a pre-approval the first time you try. For that reason, it is very important to make your mortgage pre-approval your FIRST step in the home purchase process. What you do not want to do is get your heart set in a specific home, and then have to go through the mortgage pre-approval process.
They HUD website offers dozens of handbooks relating to the FHA mortgage-insurance program, adding up to more than 10,000 pages. That’s a lot of reading material.Aug 2017 Real Estate Market Statistics Mortgage Masters Group Why every home buyer needs a pre-approval before home shopping. Mortgage Masters Group From the outside, this Colonial.
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Why every home buyer needs a pre-approval before home shopping. Sellers and agents won’t take you seriously as a buyer without mortgage pre-approval. And making an offer without it can cause major embarrassment.
Why Every Home Buyer Needs A Mortgage Pre-approval Just as you would not go shopping for groceries without cash in your purse/wallet or without knowing you have available credit on your credit card you should also not got shopping for a home without knowing if you have been pre-approved or not for a mortgage.
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