I'm trying to place 4 bids with HUD and they are requiring a proof of funds letter. Is there any suggestions on how to get one.
When it comes to pre-approvals, is the amount of the approval normally included?? If not, will the lender still accept it?? Doesn't having the pre-approval amount noted eat away at the negotiation??
I have my sights set on the market I want to invest in and I have a realtor sending me deals, but the realtors are wanting a pre-approval letter with the submission of the offer. How are you guys submitting offers whe...
I would like to make an offer on a house but I am not pre-approved for a loan. I don't want to get pre-approved for a loan because I don't know if I will be buying a house soon or not, I just want to be able to watch ...
Should I get pre approved before I even find a deal or do people usually wait until the deal comes across there desk an then during the offer they do a finance contingency during the offer process
There is a house in my neighborhood that has been sitting for a few months and I would like to make an offer on it, my RE agent says I need to get pre-approved for a conventional loan in order to make an official of...
Curious to know what everyone’s approach to this is.Do you get a pre approval letter specifically written for the property on which you’re submitting an offer? Places are selling so quickly that I am often times not e...
Please explain the pre qualification process on a loan. I currently filled out a questionnaire from a broker but now he is asking to completea , “document checklist with a list of documents needed for your loan qualif...
Hi, I've recently been looking into loans, and approval for loans. The one question I have yet to get answered is when should I go to a lender to get pre-approved. I plan on buying my first rental property towards the...
Title says it all. Should I get pre approved for a mortgage before looking for an investment property or should I have my eye on a property and then get pre approved for the loan in it.