Credit shows us how you manage your debts. Higher credit scores represent lower credit risks, which typically equate to better loan terms. In general, credit scores are critical in the mortgage loan underwriting process.
The pre-approval process is more thorough than pre-qualification. Pre-approval puts you in a stronger position to close earlier and negotiate a better price.
Buying your first home is a big investment and can be confusing at times. We’re here to make the process less intimidating and more understandable.
The VA appraisal is an assessment of the property’s value and condition. This is where the VA sends an independent VA Appraiser out to the home, to inspect the property. The appraisal inspection is looking for safety concerns, or issues with the condition of the property.
