No. Receipt of the Good Faith Estimate is the first step in selecting a lender. The question on the table right now is - are YOU satisfied with the terms offered by the mortgage lender?
Your job right now is to speak with a few lenders and compare Good Faith Estimates. Lenders cannot charge you for that pre-approval or Good Faith Estimate so move fast, make your decision - choose a lender.
Tuesday, April 6, 2010
query: I have been pre-approved and have received a Good Faith Estimate, does that mean I am approved?
No. Receipt of the Good Faith Estimate is the first step in selecting a lender. The question on the table right now is - are YOU satisfied with the terms offered by the mortgage lender?
Your job right now is to speak with a few lenders and compare Good Faith Estimates. Lenders cannot charge you for that pre-approval or Good Faith Estimate so move fast, make your decision - choose a lender.
Your job right now is to speak with a few lenders and compare Good Faith Estimates. Lenders cannot charge you for that pre-approval or Good Faith Estimate so move fast, make your decision - choose a lender.
Subscribe to:
Posts (Atom)