Pre-Qualified Means You're Ready to Make an Offer
Myth #12 of 30 You filled out a quick form online, a lender said you're "pre-qualified" for $300,000, and now you're ready to go write an offer. Not so fast. A pre-qualification is a good first step, but in most cases it isn't what a seller wants to see. A lender is the bank or company that gives yo
Shopping Around for a Lender Will Wreck Your Credit
Myth #11 of 30 Plenty of buyers only talk to one lender. A lender is the bank or company that gives you your mortgage, the loan you use to buy a home. They're scared that every lender who pulls their credit will knock their score down, so they take the first offer and hope it's a good one. That fear
Self-Employed Means No Mortgage
Myth #10 of 30 If you work for yourself, you've probably heard it: "Good luck getting a mortgage." A mortgage is the loan you use to buy a home. The idea is that lenders only want people with a steady paycheck and a W-2, the tax form an employer gives you each year. So if you're a contractor, a hair
Tony Tiller
Phone:+1(636) 556-6627