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The Benefits of a GFE and Pre-Approval
Asking for the good faith estimate and pre-approval letter before beginning your home search can have a couple benefits. For one, you will determine your max prices. You will also find out any credit issues before moving on to underwriting. And finally, a pre-approval letter to negotiating with the seller.
Finding a Good Lender
A good lender is hard to find. He will be able to explain and guide you through the loan programs so that you find the right one for you.
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