Do you have a pre approval mortgage loan? Are you sure?

Posted by Stan Houseman on Thursday, March 8th, 2012 at 1:35pm.

The reason why I bring this up is, I have been helping a fellow agent with her client in searching for a home. We found a great home that met all of their needs and we were preparing an offer when we ran into a snag with the lending company they had beenĀ  working with. They were not able to get the pre-approval through their underwriting department! Someone else closed on the house that they had spent over a year looking for. It ended up being a very sad affair. It is importnat to have a Real Approval in hand, not a verbal one. You can find Mortgage Lenderes on my website.

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