How to Get Preapproved for a Mortgage

Prospective homebuyers may be chomping at the bit as the housing market shows signs of recovery, but the path to getting a mortgage can be strenuous. Many housing markets have shifted to favor home sellers recently, meaning homebuyers face stiff competition and need to  make themselves the most attractive candidate in order to get their dream home, and experts say step one should be getting preapproved for a mortgage. 

Read more: http://www.foxbusiness.com/personal-finance/2013/03/25/how-to-get-preapproved-for-mortgage/#ixzz2OkXRntLp

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About ralphmagin

Ralph Magin, GRI, CRB - Keller Williams Elite Properties - Broker Associate – 35 Years Experience - GRI - Graduate Realtors Institute - CRS - Certified Residential Broker - B.A. University of Florida - Nationally Ranked Tennis Player
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