Do's and don'ts to stay approved

Top 10 Do’s and Don’ts to stay approved

Posted Leave a commentPosted in Buyer Tips and Advice, First Time Homebuyers, Mortgage Knowledge

You got your loan approval, congratulations! But the work is not done. Now you need to make sure you don’t mess up  that approval. Follow these do’s and don’ts to stay approved and it should be smooth sailing! Don’ts to stay approved Don’t make any large purchases. The additional debt or reduction in your assets […]

4 steps of the home loan process

Is the loan approval process really as difficult and scary as you think?

Posted Leave a commentPosted in Mortgage Knowledge

Is the loan approval process really as difficult and scary as you think? I’m going to tell you about the four steps of the mortgage loan approval process then you can decide. The Mortgage Minute is a weekly series presented by Laura Borja (NMLS#199107), your San Diego home loan expert. Step 1- Application The mortgage […]

Prequalification vs Preapproval

Prequalification vs PreApproval

Posted Leave a commentPosted in Buyer Tips and Advice, First Time Homebuyers, Mortgage Knowledge

Prequalification vs PreApproval Welcome to this week’s edition of The Mortgage Minute were we take a look at prequalification vs preapproval. The Mortgage Minute is weekly informational series presented by Laura Borja, Your San Diego home loan expert. Let’s explore the differences between prequalification vs Preapproval. A Pre-qualification is more of an overview of an […]