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Shelton, Union and Hoodsport Information:
About Shelton, Union and Hoodsport - Moving to Shelton, Union and Hoodsport, Washington? Get info here... School Reports - Reports for Shelton, Union and Hoodsport schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Shelton, Union and Hoodsport, in Mason County WA. Go to Main Sitemap - Main sitemap sections include Find Shelton, Union and Hoodsport Homes, For Home Buyers, For Home Sellers, Shelton, Union and Hoodsport Information, Real Estate Resources, and About Keith Fuller.
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Financing Your Home >Qualifying For A Loan
It is useful for home buyers to understand the difference between loan pre-qualification and pre-approval. Pre-qualification, which in today's marketplace is usually done by mortgage brokers, means working with the buyers to determine how much they can afford and which loans are the most likely to be available to them. Loan pre-qualification can save buyers time and money and can even be a bargaining tool with a seller. However, pre-qualification is not the same as loan "pre-approval". The mortgage broker can often get the buyer a pre-qualification letter, but pre-approval must be issued by the mortgage lender.
Pre-approval means that the lender has definitely committed to loaning the buyer money, once the house itself is approved. Since it is a much stronger pledge, it is a much more valuable negotiating tool. When you hear someone talking about "pre-approval", they are referring to specific acknowlegment by a lender that they are willing to loan the buyer money. The real estate agent can be of assistance in this process.
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| Q |
Exactly how many islands are included in the group called the 1000 Islands?
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| A |
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State. |
 See More Real Estate Trivia > |
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