Often times, when beginning the mortgage pre-approval process, prospective buyers want to know what type of interest rate they may be able to secure without actually providing their personal identifying information and/or too much paperwork to a potential mortgage lender. In order to offer a fairly accurate quote, a lender will typically need to know (at least) the following information:*What county is the home in?
- What is the price of the home? What will your down payment be?
- What type of loan are you looking for? A standard 30-year fixed loan? A 15-year fixed loan? An interest only loan? An FHA or VA loan?
- What type of home are you looking at? A single family residence (“SFR”) or a townhome or condo?
- Will you be living full-time in the home or will it be a second home and/or an investment property?
- What is your credit score?
If you have additional questions about financing a home, please contact a mortgage lender directly. If you would like lender referrals, we have several preferred lenders that we can put you in touch with, so please don’t hesitate to ask!!!
You might also like...
BRIAN GRAVER | DRE#01896056
KERRI GRAVER | DRE#01755551
JESSICA KILBRIDE | Director of Client Care
Pinnacle Estate Properties, Inc.
971 S. Westlake Blvd.,Suite 100
Westlake Village, CA 91361
©2022 Pinnacle Estate Properties, Inc. | DRE: #00905345
Broker Of Record: Kent Palmer DRE: #00812941
The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
