Before starting your home search, you must first obtain a mortgage pre-approval. Once armed with the information of how much you can afford, you can start the fun part, shopping! Fast forward, now you have found your dream home, but the works does not stop there. You will need a mortgage approval, but there are 2 types, a conditional approval and a firm approval. What’s the difference between all these approvals and what does that mean to you? I explain over at Her City Lifestyle.
Just click, Pre Approval, Conditional Approval & Firm Approval, What’s The Difference?
Still have a question on the different types of mortgage approvals? Send it my way!