- Posted by Brenda Mcintyre
- On June 13, 2018
- 0 Comments
In this competitive market, there is something you can do to have an edge. A credit approval gives you more leverage and has more clout than a regular prequalification letter.
- Credit Approval: Dives into your finances and offers specific monetary information for the underwriting process. A credit approval requires verification of employment, assets, income, and credit history.
- Prequalification: A brief conversation with a mortgage representative that gives you an opinion of your buying power based on unverified information.