Tag Archive: mortgage

The basics of getting preapproved for a mortgage

Getting preapproved for a mortgage is an essential part of the home-buying process. While it’s possible to wait before securing your financing, there are major benefits to getting preapproval early. For more information about preapproval, here are the basics to consider: When to get preapproval It’s recommended that would-be homebuyers ...

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How mortgage applications affect your credit

The mortgage application process can be stressful. One cause of stress is uncertainty about how multiple mortgage applications will affect your credit score. Luckily, the differences between prequalification and preapproval mean your mortgage shopping may not have the effects you expect. Prequalification & preapproval Mortgage prequalification and preapproval affect your ...

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