Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Pre-underwriting in a Hot Market
Hi BP! So I have been advised to get a Pre-approval with a lender from my agent and it seems like she means completing the pre-underwriting process as well. My questions are is this necessary? and if they do the underwriting now, then I get my offer accepted, am I locked in with this one particular lender or can I still shop around?