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Posts from October 24th, 2018

The Real Estate roundup...

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Buy a house | 9 Posts
Excelsior, MN | 15 Posts
Home Safety | 1 Posts
Home Security | 1 Posts
Lake Minnetonka | 3 Posts
Owning a Home | 1 Posts
Sell your home | 5 Posts
October
24

Getting Pre-approved for a Mortgage Loan
For many people, the financial side of home buying isn't quite as exciting as starting to look at houses. Many first-time buyers are anxious to get started, but before you head out to view Excelsior homes for sale in person, make sure to get a pre-approval letter from a reputable lender. You'll be glad you did!

Pre-Qualification vs. Pre-Approval

Pre-qualification isn't a thorough process. Often you don't even have to speak to a lender directly. Plug in a few bits of information about your income, expenses and what you think your credit score might be and you're done. It can be useful to get an idea of where you stand financially and what kind of monthly payment you can make.

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