As a first-time buyer, it can be hard to know how much home you can afford. This is why getting pre-approved for a mortgage is important. News Bergen Passaic Sports HS Sports Advertise Obituaries ...

The buyer had submitted a pre-approval for an 80 percent loan, and the contract stated that the buyer would bring a 20 percent down payment. Apparently, the buyer did not have the down payment.

That’s why it’s critically important for buyers to get pre-approved for a loan before they start shopping. Sun, 23 Mar 2025 04:10:06 GMT (1742703006408) Story Infinite Scroll - News3 v1.0. ...

Q: Several months ago you told a home buyer the first step is to get preapproved in writing by an actual lender. My wife and I went to a mortgage broker friend, who took our loan application. He ...