preapproved: WHAT IS PRE-APPROVAL? JONESBORO ARKANSAS - 01/23/12 11:11 AM
What is a Pre-Approval letter? I get this question ask alot, especially comes from First Time Home Buyers. What is so important about a Pre-Approval letter. As a Realtor let me help you with these questions. First of all, if you are a serious buyer it is a must to get pre-approved. This determines your borrowing power. We do not want to be looking at homes we can not afford, you need to know how much you are qualified for. Also, what type of loan are you getting, if it is a Rural Development you will not need a down payment, … (0 comments)