Is Getting Pre-Approved on Your Mortgage Important?
Jessica Riffle Edwards of Coldwell Banker Sea Coast Realty explains why buyers should get pre-approved for a mortgage.
In the video above, Jessica Riffle Edwards of Coldwell Banker Sea Coast Realty explains why buyers should get pre-approved for a mortgage.
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Lindsay is the the Director of Media Engagement for Coldwell Banker Real Estate and manages the brand’s media and social media department. She is also a licensed real estate professional. In 2017 & 2018, she was named a top 20 social influencer in the real estate industry in the annual Swanepoel 200 power rankings.
Lindsay lives in Livingston, NJ with her college sweetheart and now husband Joe and rwelcomed another Joe into her life as she became a mom in June 2016.
First Commerce FinancialNovember 16, 2012
Well said. Most lenders and mortgage brokers can provide pre-approval letters to clients fast an easy. Keep in mind that it is equally important to keep your pre-approval letter up to date through the entire home search.
Items like your credit report and bank statements submitted at the time of pre-approval only last so long, and changes to employment or loan programs also can affect your pre-approval. Stay proactive with your agent and lender to ensure your pre-approval status is accurate.