By: Matt Busch

Questions for your lender

Tags: Home purchasing

As a part of getting preapproved make sure to ask: 

1. Preapproval amount for purchase?
2. Can we put firm offers without a finance condition on a properties?
3. Would we be eligible for bridge financing if we cant get the date to line up for our purchase/ sale? 
4. How long is our preapproval good for? 
5. Do you have a HELOC product as an option as part of this mortgage? (if planning to renovate)
6. Is this the best rate you can offer us?

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