Tag Archive: mortgage application

Mortgage applications & your credit score: Understanding the basics

As if finding the perfect property wasn’t tricky enough, the mortgage application process can be stressful for many buyers. One major cause of stress is uncertainty about how multiple applications will affect your credit score. However, understanding the differences between prequalification and preapproval will help you understand how shopping for ...

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Must-know facts about mortgage employment verification

As you embark on your home selling journey, you may have started searching for mortgage loans to acquire financing for your next home purchase. As you fill out applications, you’ll notice most require employment verification.   What is mortgage employment verification? Before giving approval for a mortgage loan, lenders verify employment ...

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