Comments on: What is the Difference between Prequalification and Preapproval? http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/ All things Chico real estate! Mon, 08 Feb 2010 16:58:31 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Love Fashion http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/comment-page-1/#comment-8 Love Fashion Thu, 11 Jun 2009 20:18:45 +0000 http://blog.chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/#comment-8 great site i havent done any work at all today great site i havent done any work at all today

]]> By: Lisa S. http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/comment-page-1/#comment-4 Lisa S. Wed, 20 May 2009 10:06:29 +0000 http://blog.chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/#comment-4 As a Newbie, I am always searching online for articles that can help me. Thank you As a Newbie, I am always searching online for articles that can help me. Thank you

]]> By: Evan http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/comment-page-1/#comment-6 Evan Mon, 13 Apr 2009 05:09:13 +0000 http://blog.chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/#comment-6 How do you come up with all these great posts? I love reading about this stuff. How do you come up with all these great posts? I love reading about this stuff.

]]> By: denise martens http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/comment-page-1/#comment-5 denise martens Sat, 28 Feb 2009 15:34:32 +0000 http://blog.chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/#comment-5 I just found your blog on google. I really liked it and now I will share it with my friends. I just found your blog on google. I really liked it and now I will share it with my friends.

]]> By: delicious mark hubery http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/comment-page-1/#comment-7 delicious mark hubery Thu, 17 Apr 2008 20:25:00 +0000 http://blog.chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/#comment-7 <strong>Blog Hopper...</strong> Hi There. I'm blog hopping.... Blog Hopper…

Hi There. I’m blog hopping….

]]> By: Ken Phillips http://chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/comment-page-1/#comment-3 Ken Phillips Wed, 24 Oct 2007 04:35:56 +0000 http://blog.chicohomesearch.net/2007/09/16/what-is-the-difference-between-prequalification-and-preapproval/#comment-3 Sandi, With what has happened in the mortgage industry in California as of late, most lenders are changing the way they do business. One of the major players for "A" and "Alt A" loans in Sacramento came out with guideline changes today that ALL loans sumbitted to them would have to come through their automated system and have Fannie Mae DO/DU or Freddie Mac Loan Prospector (LP) approval. This is going to reduce risk to the lenders and brokers alike. The days of Realtors and Sellers accepting a "pre-qualification" letter I think are numbered as they are not worth the paper they are written on. I have always preferred running a client's loan scenario through one of the automated search engines and getting an immediate approval or non-approval. This was a very informative post you wrote. Ken Sandi,

With what has happened in the mortgage industry in California as of late, most lenders are changing the way they do business. One of the major players for “A” and “Alt A” loans in Sacramento came out with guideline changes today that ALL loans sumbitted to them would have to come through their automated system and have Fannie Mae DO/DU or Freddie Mac Loan Prospector (LP) approval. This is going to reduce risk to the lenders and brokers alike. The days of Realtors and Sellers accepting a “pre-qualification” letter I think are numbered as they are not worth the paper they are written on. I have always preferred running a client’s loan scenario through one of the automated search engines and getting an immediate approval or non-approval. This was a very informative post you wrote.
Ken

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