From the Desk of Don Draughn, Mortgage ProfessionalWebsite: http://ahfmortgage.elliemae.net/ddraughnIn Part One of this series, we looked at how important it is to Find Out What is on Your Credit Report. Once you know what is there, you can either move to the next step - obtaining mortgage pre-approval or working on any credit issues that may keep you from obtaining pre-approval. This is very important to your success in purchasing your new home in today's "credit crunch" climate.In Part Two, we discussed the importance of Obtaining Mortgage Pre-Approval before you start looking at homes you might want to purchase. Without a Pre-Approval, you don't know how much home you can afford so you might wind up falling in love with a home that is out of your price range and wasting your time...
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