Pre-Approval vs. Qualification
Do NOT be mislead by a lender who tells you that they can Qualify you for a home purchase. All they really mean is, "Yes, we are willing to look into whether we want to Pre-Approve you or not." This is NOT an 'Approval.'
A Pre-Approval is a much stronger committment that includes financials, credit check, personal identification (are you who you say you are?) and much more. The bank will involve an Underwriter during the process and give you a much better idea of your possition in purchasing.
Lender References; get Pre-Approved Today!
Watch this video (a little over a minute) and see what might be expected of you during the process:
Below are a couple of lender resources:
| Lee Barroll First Community Mortgage (615)938-7504  |
Heath Albritton F&M Bank (615)347-0578 Apply Today |
