Buying a home is a complicated process, but the first step is relatively straightforward: You need to get preapproved by a mortgage lender. The current housing market makes preapproval even more ...

Step 3: Get pre-approved. Getting pre-approved for a mortgage can give you an idea of how much a lender would be willing to loan you. Plus, if you have your eye on a particular home, it can convey ...

The process of getting approved for a mortgage is broken down below. 1. Understand Your Credit. Your credit score is a number that represents your creditworthiness or how likely you are to repay debt.

Getting pre-approved for a mortgage is an important first step in the home buying and home loan process and can take just a few minutes if you apply online and have your documents ready.

When you’re buying a home, the home loan process can feel like big complex numbers. But in reality, it’s pretty straightforward. Getting the right mortgage, qualifying for a loan, ...

If you’re in the market for buying a home, it’s always wise to start by getting pre-approved. But Trent Olson, vice president and mortgage senior loan officer for TowneBank Mortgage of the Carolinas, ...

Five steps in the mortgage underwriting process Step 1: Get prequalified. Before you start looking for a house, you can get prequalified to find out how much of a mortgage you're likely to be ...

For many people, the mortgage underwriting process is one of the most confusing parts of home buying. However, it's important to understand what underwriting is, how it works, and why it's a ...

Getting a mortgage in your 20s allows you to start building equity in a home, provides tax deductions, and can boost your credit score. The mortgage process, however, is long and thorough ...