Mortgage Pre-Qualification

Mortgage Pre-Qualification

The main difference between a mortgage pre-qualification and a mortgage pre-approval is the fact that a Loan Officer will verify information for a pre-approval.

For a mortgage pre-qualification, you can have a brief 10–15 minute phone call with a Loan Officer where you state your gross monthly income, your current assets, your credit score, and your current monthly debts. The Loan Officer then calculates your pre-qualification amount and provides you with a letter that you can use for viewing properties.

Dylan Walsh
Loan Officer
Police Mortgage

Dylan Walsh has been a Loan Officer with Police Mortgage, headquartered in Chicago, IL, for the past five years and has personally overseen more than 900 mortgage transactions.

For more information on Police Mortgage or to secure your free, same-day mortgage pre-approval, please visit: www.policemortgage.com.

A New Use for an Old Cliché, Mental Fitness

9:26 am

A New Use for an Old Cliché: Fish or Cut Bait

When you hear that it is time to fish or cut bait, it is time to make a decision. Of this, I am certain. What I am not certain of is exactly what is being decided. I think the choice is whether to act or take more time before you act.

A New Use for an Old Cliché

2:21 pm

A New Use for an Old Cliché: Don’t Toot Your Own Horn

Taken in that context, this is good advice. If all you do is talk about yourself and your accomplishments, you will eventually have to get used to the sound of your own voice because no one else will want to spend time with you.