Living Irvine

Pre-Approval vs Pre-Qualification & What lenders are looking for when applying for a mortgage

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Sinopse

Episode 4 - Pre-Approval vs Pre-Qualification & What lenders are looking for when applying for a mortgage Welcome everybody to my Real Estate podcast episode 4! During this episode I will be covering the key differences between a Pre-Approval/Pre-Qualification and its importance. In addition, I will be giving you quick snapshot on what lenders are looking for when it comes time to apply for a mortgage. Whether you're looking to purchase in a month, 3 months, 6 months, a year, or NEVER. This information is key as it will further streamline your home buying process! Summary: - Pre-Qualification versus Pre-Approval & Its importance - What Lenders are looking for when applying for a mortgage - Capacity - Credit Worthiness - Collateral Lastly, I want to apologize for the audio quality of this particular episode. I can assure you that the value is still there! I recently went out of town for a few weeks and was having some technical difficulties. However, I did not want that to stop me fr