One of my biggest challenges when dealing with a home buyer is communicating the importance of loan pre-approval from day one to the day of closing.
Many consumers underestimate the importance of their credit score throughout the process. A buyer already pre--approved and ready to start looking for his dream home may be denied before closing.
The reasons can vary, a change in their credit or a purchase they recently made or a simple change or closure of a line of credit.
Watch this great video by my friend Travis Scott with NorthStar Bank explaning in simple and easy words how a buyer credit behavior can affect his loan process.
For a free access to MLS home search click here click here or got to www.brendataylor.remaxtexas.com
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