Category: Mortgage Pre Approval

Mortgage Pre-Approval versus Mortgage Pre-Qualification
July 10, 2019

Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? (Originally written and posted in 2009 and updated now in August, 2019, with updates in Italics) Considering taking advantage of the favorable mortgage interest rates? mortgage interest rates below 4%? Considering taking advantage of the drop in real ...
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Changes in FHA Mortgage Loans Coming April 18, 2011
February 16, 2011

FHA Loans Will Cost More After April 18, 2011 The FHA Mortgage Insurance Premium (MIP) will increase 25 Basis Points Just the other day, FHA Commissioner David H Stevens announced changes for FHA Mortgage Loans. These changes are for any FHA loans that are assigned case numbers on or after April 18, ...
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Mortgage Pre-Approval versus Mortgage Pre-Qualification
February 9, 2009

Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? Considering taking advantage of the favorable mortgage interest rates? Considering taking advantage of the drop in real estate prices in 2009? Before taking the time to drive around looking for a home, before taking the time to visit ...
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