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Updated about 10 years ago on . Most recent reply

User Stats

86
Posts
7
Votes
Mason V.
  • Investor
7
Votes |
86
Posts

How should you approach lenders for preapproval?

Mason V.
  • Investor
Posted

I plan on talking to some of the local credit unions, small banks and mortgage brokers in the area prior to seriously finding my first deal(s). Before I go in though I would like to know how best to present myself and what information I should take in with me to increase my chances of success. The types of loans I will primarily be asking about are FHA and portfolio loans.

Most Popular Reply

User Stats

95
Posts
29
Votes
Angelo Behar
  • Rental Property Investor
  • Arlington, VA
29
Votes |
95
Posts
Angelo Behar
  • Rental Property Investor
  • Arlington, VA
Replied
Originally posted by @Mason V.:

I plan on talking to some of the local credit unions, small banks and mortgage brokers in the area prior to seriously finding my first deal(s). Before I go in though I would like to know how best to present myself and what information I should take in with me to increase my chances of success. The types of loans I will primarily be asking about are FHA and portfolio loans.

 Check out the code to the loan safe. Its awesome blog that explains everything you'll need.

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