Tip:
Highlight text to annotate it
X
A detailed pre approval is so important these days because of all the
guideline changes. It used to be that we would be able to get a few bits of
information and pull someone's credit and then
I'd say hey, your are pre approved! Now with all the intricacies involved,
it is important to get a full application:
all the income, all the assets, anything that might come up. That way,
the Realtors that you work with,
once you issue a pre-approval they know that their clients are pre approved.
You are not going to have an issue once they find a place.