One is a conversation, the other is an underwritten position. Only one of them strengthens an offer on a contested property.
Read note Pre-approval, pre-qualification and the difference sellers actually noticeFees, exit charges and the years you plan to stay decide whether a lower rate is a saving or a rounding error.
Read note The break-even sum most refinance adverts leave outGift letters, undated statements and a missing page of a tax return cause more delay than any single credit event.
Read note Six documents that hold up more applications than bad credit doesRetained profit, add-backs and short trading histories are treated very differently across a lender panel — which is precisely what a panel is for.
Read note How lenders read self-employed income, and why the answers differ so muchThe lender list shrinks, reserve requirements tighten and appraisal rules change. Here is what to plan for.
Read note Above the conforming limit: what changes when a loan becomes jumboNo credit pull, no obligation, and an honest answer if a bank you already deal with would serve you better than we would.
Thirty minutes, no credit pull and no obligation. We read your file the way an underwriter will and tell you the number we think you will actually be offered.
