Found 1 blog entry tagged as Loan Pre-Approval.

  As soon as you decide that you would like to begin to look for your new Piedmont or Oakland home, you should take steps to get your loan financing in place.  In many areas of the East Bay, the competition for homes and condominiums is very high. As a result, you need to be ready to make a offer immediately upon finding your ideal home to avoid losing out to other bidders.  What do you need to know about your financing options?

1. Being Pre-Qualified By A Lender-This is a first step in the mortgage process, but an important one.  You will be asked to provide your lender with your basic financial status.  You would inform them about your debt, your income, and your assets.  It allows the lender to review your situation, and give you a general…

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