Please reload

Recent Posts

I'm busy working on my blog posts. Watch this space!

Please reload

Featured Posts

What Your Mortgage Pre-Approval Letter Says

January 29, 2018

A typical pre-approval letter will contain language similar to this: “This pre-approval is issued based on your current credit history, income, assets and debt — assuming that there are no changes in your financial situation. This pre-approval should not be considered a commitment to lend until the following conditions are met:

 

  1. A valid sales contract is initiated on a specific property.

  2. A satisfactory appraisal is completed on such property.

  3. You select a mortgage program, which allows your mortgage payment to fall within the preapproved amount.

  4. And a rate commitment is issued by our company under the above-referenced mortgage program.”

The letter will often state an approximate purchase price that you qualify for, and usually an expiration date, often within 90 days.

 

Article provided by https://www.nerdwallet.com/blog/mortgages/preapproved-mortgage-matters/

 

 

 

 

 

Share on Facebook
Share on Twitter
Please reload

Follow Us

I'm busy working on my blog posts. Watch this space!

Please reload

Search By Tags
Please reload

Archive
  • Facebook Basic Square
  • Black Instagram Icon

TO CONTACT OUR SALES TEAM 

PLEASE CALL OR EMAIL US:

Tel: 470.891.3801

Email: LUZMARY@DREAMLIVINGATLANTA.COM

© 2017 by DREAM LIVING ATLANTA

ALTERNATIVELY YOU CAN FILL

IN THE FOLLOWING CONTACT FORM: