Finding a New Mortgage Lender After Pre-Approval: It's Not Without Risk
Homebuyers don't have to use the lender they received a pre-approval from. But, it can be risky to change. How to navigate this task.
April 10, 2024 4 MIN
Homebuyers don't have to use the lender they received a pre-approval from. But, it can be risky to change. How to navigate this task.
Mortgage pre-approvals are typically good for 90 days, but other milestones can affect them, too.
A HELOC can help you pay an ex-spouse's share of equity without selling the home.
You're pre-approved, but something changes with your financial picture or the lender made a mistake initially. What do you do next?
You got pre-approved, but while you’re looking for homes, mortgage rates rose. Will the higher payment disqualify you?
You might have a meeting set up with a lender to get pre-approved. But you’re not sure what to bring. Maybe nothing. But here's what to bring, just in case.
A home equity line of credit could be the perfect tool for serial flippers. Borrow, pay off, and re-borrow as much as you'd like.
Can anything "bad" happen if you get pre-approved a year, two years, or three years before you plan to buy? When to get pre-approved.
Many first-time buyers hesitate to get pre-approved because it could hurt their credit. But now it's possible to get pre-approved without a hard credit inquiry.
Many homebuyers are surprised they can't be approved for more home. Here's what's going on and how to improve your buying prospects.
