Home sale contingency Loans Mortgage pre-approval letter Pre-approval 
HomeLight
NOVEMBER 21, 2022
Before signing anything, Richter says, “It’s important to open a dialogue with the buyer’s lender to verify they do in fact have the ability to purchase that home.”. Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. See the next step!).
HomeLight
APRIL 26, 2023
Graham says the next step is to ask for a pre-approval letter from a reputable mortgage company that you’re comfortable with. You don’t want to find out two days before closing that the loan didn’t come through and the deal falls apart after you’ve already moved out of your house. Require everything in writing.
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