The First Time Home Buyer Workshop- Pre-Approval Letters Vs Pre-Qualification Letters & Fully Underwritten Pre-approval Letters
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Welcome to The First Time Home Buyer Workshop Podcast with Julie Marion!
Today we are defining what a preapproval letter is and is not, what a pre-qualification letter is and is not and what a fully underwritten pre-approval letter is. We will also explain why pre approval letters vary between banks in terms of what it means, and the criteria used by the banks so when you pick up the phone, walk into an open house you are in control of your homebuying journey!
Your Homework.... yes you have homework! The next episode is to notice what the news is saying about the Federal Reserve!
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