November 20, 2009
Buyers make use of low Interest rate on 30-year fixed-rate FHA and CONVENTIONAL mortgage loans. GET A PRE-APPROVAL letter from WELLS FARGO today !! Send me an email MathewSells@Gmail.com with your name, phone number and address and a Wells Fargo representative will contact you immediately to get you a pre-approval letter
Remember!! A pre-approval letter is more reliable than a pre-qualification letter.
Getting a pre-qualification letter is easy. You just call a mortgage broker or lender, provide some basic financial information, then wait a few minutes for the letter to come through your fax machine. Getting a “pre-qual” from a Web site is just as easy. Enter some information, click “submit” and voilà. A pre-approval letter, on the other hand, involves verification of the information. Rather than taking your word on faith, the lender will ask for documentation to confirm your employment, the source of your down payment and other aspects of your financial circumstances. Granted, a pre-approval is more time-consuming (and possibly more stressful) than a pre-qualification The additional due diligence is exactly why the pre-approval carries more weight.
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