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What is the Difference Between Pre-Qualification and Pre-Approval (& Which Do I Need?)

What is the Difference Between Pre-Qualification and Pre-Approval (& Which Do I Need?)

by mylenderjackie | Oct 8, 2024 | Loan Approvals

As you step into the mortgage lending world, there are many terms that can be confused with one another and even sound synonymous. Pre-qualification and pre-approval are a perfect example of this. Many people make the mistake of using the two interchangeably, but they...
Understanding What Happens with Loan Approval During Escrow

Understanding What Happens with Loan Approval During Escrow

by mylenderjackie | Sep 10, 2024 | Loan Approvals

If you’re preparing to buy a home, understanding the financing process of loan approvals is key to being able to make an offer with confidence. We know that getting a mortgage can be daunting, as it is a unique financing process that may feel confusing or...
Applying for a Mortgage without a 5406-C IVES

Applying for a Mortgage without a 5406-C IVES

by mylenderjackie | Jun 11, 2024 | Loan Approvals

Applying for a mortgage can be a relatively simple process if you’re a borrower with traditional income sources, but if you’re not the process can actually be a bit daunting. If you’re finding yourself overwhelmed, we’re here to help. We have...
What Not to Do After Getting Pre-Approved for Your Mortgage

What Not to Do After Getting Pre-Approved for Your Mortgage

by temineth | Apr 22, 2024 | Loan Approvals

You’ve been pre-approved for a mortgage, congratulations! These words will likely put you at ease when you hear them, knowing you’re ready to make an offer on the home you want to buy. There are some common mistakes borrowers make during the time between...
Why is it Hard to Qualify for a Mortgage While Self-Employed in California?

Why is it Hard to Qualify for a Mortgage While Self-Employed in California?

by mylenderjackie | Oct 30, 2023 | Loan Approvals

If you are self-employed and hoping to buy a home in California, there are going to be some hurdles in your way with many of the application processes. Many self-employed people wonder how they will be able to become homeowners because the traditional mortgage...
How to Make Yourself a Strong Applicant for a Non-Traditional Mortgage

How to Make Yourself a Strong Applicant for a Non-Traditional Mortgage

by mylenderjackie | Jun 20, 2023 | Loan Approvals

Applying for a mortgage is a major milestone, with lots of emotion attached. Before applying for mortgage pre-approval, most people want to know what they can do to be the strongest possible applicant. If you are applying for a non-traditional mortgage as a...
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Recent Posts

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  • Why Is It Hard for Self-Employed to Get a Mortgage? (And the Easiest Mortgage Options for Self-Employed Borrowers in Southern California)

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