Hi, I'm looking to purchase a 5 unit, but the realtor is asking for a pre approval letter from a lender.   Is this based on credit score?

HI! There is a property that I am very interested in and would like to view.  It has 5 housing units and some rv pads.  The owners are requiring pre-approval in order to even schedule a viewing.  I have never purchase...

Hey everyone!Should I try getting pre-approved through a bank for a rental property? I don't have cash on hand, but I do have access to people willing to lend money for a percentage of course. I was thinking I could t...

If I were to have a pre approval letter from a mortgage company, can I use it almost anywhere like on foreclosure sheriff sales ,etc?

Good afternoon, any insight would be helpfulDuring the pre approval process for getting a home loan is it a hard pull or soft pull on your credit? Thank you 

This is one thing that still confuse me. What is the need of a mortgage pre-approval? I have a cousin who bought a new house recently by taking a mortgage. She had taken pre approval mortgages and she said that it mak...

Hello all,

I'm a new member and I'm very glad I stumbled upon this forum. I have a question regarding pre-approval for a mortgage. I'm looking to buy a 2-3 fam home with a partner of mine and we are looking to get a ...

Hi everyone! Just starting out on my real estate journey and here to learn as much as I can. In the process of finding a lender and came across 1st American lending based in NJ. Before I give out personal information ...

Trying to help a residential buyer. Most of the listings now want pre approval over pre qualification for obvious reasons, and prices are going up daily here. However; on pre approval, the buyer wants to know if she g...

I'm looking to get pre-qualified/pre-approved and I'm trying to understand the best place to go for this. Is it just a local bank, does it even need to be local? Or is it smart to go to the 'Network' drop down tab her...