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Preparing to Get Pre-Approved For a Mortgage

Realty Biz

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

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Sierra Pacific’s Fast Track process gives brokers a more robust pre-approval, shortening cycle times

Housing Wire

In today’s booming housing market, mortgage brokers want to be able to close loans faster and more efficiently. This gives brokers a more robust pre-approval that can compete with cash offers, and subsequently, shorten the processing and underwriting cycle times by almost half. Chief Production Officer Jay Promisco said.

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It’s Important to Get Your Mortgage Pre-approval Updated in Any Real Estate Market, but Especially This One

Lighter Side of Real Estate

If you’ve been searching for a house for any amount of time, you’re probably well aware of how important it is to get a mortgage pre-approval before you even start looking at houses, or at least as early on in the process as possible. When Should You Update Your Pre-approval? Pre-approvals aren’t good forever.

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How PrimeLending plans to grab market share

Housing Wire

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. We’ll reach out to those loan officers in markets where we have existing retail branch locations. The goal is to expand its overall market share to 1% this year from 0.6%.

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Should Tenants Be “Pre-Approved” For Candidacy?

Toronto Realty Blog

Should Prospective Tenants Be “Approved” Before Viewing Properties? I’ve written a lot about the rental market so far this year; more than usual. Much of what we discuss pertains to statistics, whether it’s listings, leases, or the absorption rate, or how this impacts the resale market. Screening them.

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How Andrew Marquis plans to close more loans in a low-inventory market  

Housing Wire

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. Connie Kim : We’ve seen a lot of optimism for the mortgage industry, mainly due to rates on a declining trend.

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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

For specific questions such as ‘What’s the difference between pre-approval and a prequalification?’, The company’s stated mission is to equip industries with top-tier tools to reclaim market control both online and offline. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.