BobMortgage Zone: Pre-Qualification Vs. Pre-Approval

Last week, we talked about what an underwriter is looking for when qualifying a buyer for pre-approval. This week, Bob Johnson (AKA BobMortgage) is here to shed some light on making an offer.

Are you losing out every time you put an offer on a home? Does your mortgage letter state you have been pre-qualified for your home loan? Need to close quick but not sure how to accomplish it. Winning the offer and getting approved is all about playing offense, Johnson says. In today’s BobMortgage Zone, Bob Johnson of Wallick & Volk gives you the insider tips to winning the offer and unlocking your approval.