The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Why long term term open housers need pre approval

By Scott Sheldon / May 13, 2024

Title: Navigating the Home Buying Journey: Why Long-Term Open Housers Need Pre-Approval If you’re the type to spend weekends browsing open houses without immediate plans to buy—affectionately known as a “weekend warrior home buyer” or a “long-term open houser”—you understand the thrill of the hunt. There’s a unique excitement in exploring potential homes and imagining…

How Solid Is Your Loan Pre-Approval?

By Scott Sheldon / July 30, 2015

If you hear a lender toting they can preapprove you in just a few minutes, stop and run in the other direction- fast. A real pre approval is much more than a loan application and credit report. What to know before jumping into a home… A Traditional Pre Approval Includes The Following: you’ve submitted an…