Knowing the difference between home loan terms such as pre-qualified, pre-approved, and loan commitment will give you a quick insight into how smoothly your home buying contract will be initiated. Will a bi-weekly mortgage payment plan assist you in paying off your home’s mortgage more quickly? Sure it will, but knowing when to make this move could help or hurt your financial situation. Have a question about loans? Check my FAQ section here.
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Address: '123 Main St, Anytown'
Neighborhood: 'Downtown'
Zip: '98115'
City: 'Anytown' or 'Anytown, State/Province'
MLS number: 'MLS# 38065544'