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What Happens if Your Mortgage Pre-Approval Expires?

See what happens if your mortgage pre-approval expires and the steps to take to get back on the right track when buying a home

8 Real Estate Mistakes To Avoid During a Cooling Market

In many parts of the U.S., the real estate market isn't what it used to be. Previously red hot housing markets are getting pretty chilly, which can be a relief for buyers but a source of stress for.

Benefits Of Choosing Todd Schofield - The Mortgage Centre From North Bay For Mortgage Pre-Approval

Benefits Of Choosing Todd Schofield - The Mortgage Centre For Mortgage Pre-Approval, The 2023 ThreeBestRated® Award Winner From North Bay

Mortgage Pre-Qualification vs. Pre-Approval: What Homebuyers Need to Know

The 2021 housing market is operating at warp speed. One second, you have five properties lined up that you like, and the next, there’s nothing available listed near your next duty station none that meets your criteria anyway. It’s exhausting, it’s disheartening and it’s discouraging for homebuyers. Military home sellers, on the other hand, are toasting with their champagne glasses. The key, in addition to watching and waiting, is staying competitive. And in the 2021 market, that means getting all your ducks in a row, which, of course, means getting your finances in order. That way, as soon as there’s an opportunity to make an offer, you have everything ready. So let’s take a look at mortgage pre-qualification vs. pre-approval, what those terms mean and why they’re important to you as a homebuyer.