Redfin

JULY 30, 2025

Speak with a real estate agent to help determine if you’re in a good position to begin the homebuying process. >>See: Should I get pre-qualified or pre-approved for a mortgage? If you’re considering buying a home, you’ve likely heard of getting pre-qualified or pre-approved.

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

Factors such as earnest money deposits, loan approvals, and real estate agent involvement should be considered. In my experience as a Rochester real estate agent, making multiple offers on different homes is generally not advisable. (585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P.

Earnest money deposit

Redfin

JUNE 13, 2025

Step 3: Research second-time homebuyer programs and loans Step 4: Work with an experienced agent Step 5: Make a strong offer as a second-time homebuyer Step 6: Plan your transition Second-time homebuyer FAQs Is it harder to buy a house the second time? Communicate closely with your real estate agent to align timelines and contingencies.

Debt-to-income ratio

Redfin

JULY 30, 2025

Key takeaways: First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education Buying your first home? Let’s get started. Generally, no.

Debt-to-income ratio

The Mortgage Report

JUNE 12, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? Easier loan approval — disability income counts toward qualification. Disability compensation counts as income — improving your chances of loan approval.

VA loan

Rochester Real Estate

NOVEMBER 5, 2015

For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Have you tried calling a bank on a Saturday night to get a pre-approval letter? Check with your agent to determine how the latest guidelines apply to your situation.

Finance

The Mortgage Report

JULY 1, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? Collaborate with the right agent. Choose a real estate agent/Realtor who is experienced, knowledgeable, and reputable. How Much Home Can I Afford?

Loans

Redfin

JULY 31, 2025

If you’re unsure where to start, check with HUD-approved counseling agencies, non-profit organizations, and local housing authorities to find available courses. Along with your trusted real estate agent, it’s helpful to bring a friend or family member. It’s best to connect with at least a few agents before selecting one.

Purchase and sale agreement

The Mortgage Report

JULY 7, 2025

Getting Pre-Approved Down Payment Assistance Buying With Low Credit Buying With Low Income Buying With A Disability Who Has The Best Mortgage Rates? To stand a chance of a loan application being approved at such times, you need to be a very strong borrower. How Much Home Can I Afford?

Equity

BAM Media

FEBRUARY 21, 2025

We also do Instagram audits during our BAMx office hours , and one thing I consistently see is agents posting videos that just arent moving the needle. or The Difference Between Pre-Approval and Pre-Qualification.

Earnest money deposit

Redfin

JULY 7, 2025

Work closely with your divorce attorney and real estate agent: They can help you understand your rights, protect your interests, and ensure your purchase aligns with your divorce proceedings. Check your credit score: Divorce proceedings and unpaid joint debts can impact your credit , affecting your mortgage rate and approval odds.

Debt-to-income ratio

Keeping Current Matters

JUNE 22, 2021

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Bottom Line.

Pre-approval

Keeping Current Matters

AUGUST 27, 2020

You may have heard that pre-approval is a great first step in the homebuying process. Pre-approval from a lender is the only way to do this. This paperwork (the pre-approval letter) shows sellers you’re a qualified buyer, something that can really help you stand out from the crowd in the current ultra-competitive market.

Pre-approval

HomeLight

JUNE 19, 2023

Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Learn More What’s a pre-qualification? But what exactly are they?

Pre-qualification

Housing Wire

AUGUST 13, 2021

Existing investors and others including Andreessen Horowitz, Singapore’s GIC, GGV Capital and Moore Specialty Credit participated in the round, which pre-empted a capital raise that could have featured new investors, she said. We’re aiming to bring a legitimacy to alternative home financing options,” said Hefets.

Pre-qualification

Housing Wire

JULY 4, 2024

The role of real estate and mortgage professionals In times like these, the role of real estate agents , brokerage owners and lenders becomes even more critical. The question is whether it is becoming less attainable or merely obscured by market noise and confusion. Change is constant, and as professionals, we must adapt.

Pre-qualification

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. The actual professionals who many states call “brokers,” however, are called “managing brokers” in Illinois.

Agents

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State. That’s a longer program than in most states.

Pre-approval

Realtor.com

NOVEMBER 28, 2022

designer491/Shutterstock What is a pre-qualification letter? I tell most people they can take that pre-qualification letter and throw it in the trash,” says Patty Arvielo , a mortgage banker and president and founder of New American Funding, in Tustin, CA. What to know about a pre-qualification letter.

Pre-qualification

Housing Wire

DECEMBER 29, 2023

Student Support: Support is available from customer service agents seven days a week during daytime hours by email, phone, or live chat. Enroll Now Aceable Agent Best online real estate school in California for mobile learning Overall Rating: 3.5 Other pass rates listed are that schools national average pass rates.

Pre-approval

Housing Wire

DECEMBER 28, 2023

I’ve got several pre-approvals out there where people just can’t find what they want and the rates are throwing them off,” Don Monson, branch manager at Sente Mortgage , said of the challenges he faced in 2023. Nurturing referral partners, training agents Mortgage origination volume for 2023 are expected at around $1.64

Loans

Housing Wire

MARCH 26, 2025

If youve been thinking about becoming a real estate agent in Connecticut, youve landed on the right page. Youll need to complete 60 hours of pre-licensing education to be eligible to sit for the real estate exam. After youve passed, post-licensing and continuing education courses will be required to keep you at the top of your game.

Pre-approval

First Team Real Estate

AUGUST 31, 2020

If you’ve read any tips for homebuyers then chances are you’ve heard that you need to get pre-approved for a mortgage loan. The question is – how exactly do you get the pre-approval? Here are the steps you need to take to get pre-approved for a mortgage loan and the most important facts you need to get you there.

Pre-approval

Realtor.com

JANUARY 16, 2023

. “While you do not ‘need’ a pre-approval letter from your lender in order for your offer to be accepted, I highly recommend all of my buyers present it,” says Denise Shur , a Realtor® with 1:1 Realty in San Jose, CA. ” What is mortgage pre-approval? .”

Mortgage pre-approval letter

Housing Wire

APRIL 22, 2024

Washington is one of a handful of states where newly licensed salespeople are called real estate brokers (not agents). SAVE 30% Budget Pick Aceable Agent Best audio & mobile app courses Versatile learning options with hands-free audio recordings and a mobile app. Starting from: $ 341 Use HousingWire30. out of 5 stars Rating: 4.5

Pre-approval

Toronto Realty Blog

OCTOBER 19, 2022

Should Prospective Tenants Be “Approved” Before Viewing Properties? That’s what many agents and landlords are calling it. Here’s an example: I don’t know how any tenants can be “pre-approved” without it being discriminatory in some way. Screening them.

Pre-approval

Housing Wire

DECEMBER 29, 2023

To become a real estate agent in New York, you’ll need to complete 77 hours of real estate classes before you can sit the New York real estate exam and apply for your license. Delivery methods: All of the CE Shop’s New York real estate pre‑licensing courses are optimized for a smartphone, tablet, or computer.

Pre-approval

Housing Wire

NOVEMBER 17, 2023

To get your license, you’ll need to complete 168 hours of prelicensing coursework at an accredited and approved school. Student Support: Support is available from customer service agents 7 days a week during daytime hours by email, phone, or live chat. The top earners in the state earn $200,000 a year or more. [4]

Pre-approval

Realtor.com

AUGUST 13, 2020

Step 1: Getting mortgage pre-approval. Step 1: Get pre-approved for a mortgage. Your first step shouldn’t be to check out homes; it should be to get mortgage pre-approval from a mortgage lender or broker. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

Pre-approval

HomeLight

FEBRUARY 16, 2024

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Partner With a Top Buyer’s Agent to Guide You HomeLight can connect you with a top-rated local real estate agent familiar with non-contingent offers. Get Started 1.

Pre-qualification

Realty Biz

MARCH 17, 2021

Real estate agents are there to facilitate home purchases, whether you’re representing buyers or sellers. Here are a few ways real estate agents can aid homebuyers. . Too many real estate agents ask people to describe their dream home and nothing else. Explain the difference between pre-qualified and pre-approved.

Pre-approval

Realtor.com

NOVEMBER 11, 2022

monkeybusinessimages/iStock No, it’s not leaping into buyer mode by picking out a real estate agent who has pretty homes, setting up a home inspection, and then moving in your sectional couch. Step 2: Qualify for a home loan or loan pre-approval.

Pre-approval

Windemere Buying

FEBRUARY 24, 2021

To set yourself up for a smooth and successful home purchase , getting pre-approved is perhaps the most productive first step you can take. The Pre-Approval Process There is an important distinction to made between two important steps of your mortgage application process: pre-qualification and pre-approval.

Pre-approval

Windemere Buying

JUNE 7, 2021

Getting pre-approved is a great first step for buyers, but there can be a number of hurdles in the process. Pre-approval is broken down into two steps: pre-qualification and pre-approval. Large cash purchases decrease a buyer’s cash-readiness from the time when they were pre-approved.

Pre-approval

HomeLight

OCTOBER 22, 2021

It’s tough to say without a mortgage approval, but it always helps to start with a home affordability calculator. You may be wondering how affordability calculators work if you’re ready to get some numbers down on paper before showing up for a pre-qualification meeting with a lender. So, how much home can you afford?

Pre-qualification

Lighter Side of Real Estate

NOVEMBER 20, 2024

You can browse listings from your couch, get pre-approved for a mortgage, and even apply for mortgages with a few taps right online, all without speaking to a single person. From pre-approval to closing, they’re with you every step of the way, answering questions and ensuring no detail is overlooked.

Pre-approval

RIS Media

OCTOBER 22, 2020

Evaluate your current credit situation and make a game plan to clean up your credit score, if needed, prior to starting the pre-approval process.” Be sure to also clarify the difference between pre-approvals and pre-qualifications.

Pre-qualification