04-17-2010, 12:23 PM
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Confirmed User
Join Date: Oct 2006
Posts: 997
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Who got a pre-approved mortgage before they started shopping for a house?
Would you advise getting a pre-approved mortgage loan from a lender even before finding the right house, just so you can make an offer with NO FINANCING CONDITIONS?
Is the housing market really starting to heat up again in Vegas, California and Florida????...Even to the point that you could actually risk missing out on, say, a foreclosed home auction, just because you failed to make a "no conditions" purchase offer?
Fill me in.
And if you recently applied for one, did you all have to show your bank or broker PROOF OF INCOME? Remember the days when you could just self-declare income and didn't need to prove it?
Are those days back?
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