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Is a Mortgage Pre-Approval Letter Necessary to Make an Offer on a House?

Realtor.com

. “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? .”

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Pre Approval vs Pre Qualified vs Underwritten Pre Approval: What’s It All Mean?

HomeLight

Do you know the difference between pre approval vs pre qualified when it comes to mortgage loans? Marcus Rittman, director of mortgage operations at HomeLight Home Loans, has seen that “the catalyst for most homeowners wanting to get approved for a mortgage is finding a home that they love.” Don’t let that be you!

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How the Fed’s rate hike will affect the housing market

Housing Wire

neighborhood, housing market, Fall, homes, new house sales, forbearance. The federal funds rate doesn’t directly dictate mortgage rates, but it does steer market activity to create higher rates and reduce demand. A less volatile market? The consumer-price index rose 8.6% mortgage industry to fund $4.1 trillion in 2023.

Marketing 448
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Keller Williams and Kaplan launch real estate school

Housing Wire

Franchise real estate brokerage Keller Williams announced Tuesday that it is partnering with educational and test prep services platform Kaplan to create the KW School of Real Estate (KSCORE). While Kaplan has had their own program for years now, this is the first time they have partnered with a real estate brokerage.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

Here are some of the IDFPR-approved, prelicensing course formats: Online. For approval before you take the exam, the state also requires that you mail a photocopy of your current Illinois attorney registration pocket card certificate to PSI at the address provided on the form.

Agents 416
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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. Step 1: Complete the prelicensing education requirements Applying for an Ohio real estate agent license starts with fulfilling the 120-hour sales associate pre-licensing education requirement.

Brokerage 412