The Shortcomings of Preapprovals
The Shortcomings of Preapprovals Realror.org Mag DAILY REAL ESTATE NEWS | FRIDAY, MAY 04, 2018 It’s common advice for buyers to obtain a mortgage preapproval letter from a lender before going out with a real estate agent to look at homes. The rationale is that preapproval puts in writing the loan amount a buyer is…