I am currently in the process of buying my first home, and one of the more confusing (and frustrating) aspects of first-time homebuying involved the mortgage pre-approval letter. At what point in the ...

Getting pre-approved for a mortgage is a no-brainer when you're searching for a new home. It helps you understand how much house you can afford and what costs you can expect. As a result, you won't ...

Learn what you need to speed up the approval process Mortgage lenders offer pre-approval letters to buyers they believe can repay their loans. However, unlike mortgage pre-qualification, the ...

You don't have to be pre-approved for a mortgage to buy a house. But it's smart—especially in a seller's market—to be: A pre-approval means that a lender has already determined that you're qualified ...

Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

In 2002, Steve, a nice young man with a good job, serious savings, and excellent credit made an attractive offer on a two family house in a Boston suburb. It had to be an attractive bid as there were ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...