Buying A Home
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Cost of pre-approval
I had been wondering the same thing as the previous poster as we are going to start our hunt in the next few weeks but ideally don't want to move until June/July.
But it made me wonder about the cost of pre-approvals. I know pre-qualifications are typically free as they don't pull your credit or do much work at all. I'm sure it varies by bank but is there a range we should expect. If we got the pre-approval now but it expire and we needed to "renew" it would we then pay that same fee again?
Thanks!
Re: Cost of pre-approval
You don't pay for pre-approval. You get the approval and then if it expires, then you just have to submit a new application and do it all again.
Are you united with the CCOKCs?
Our credit was pulled for our pre-approval and there was no fee.
Ditto the others. You shouldn't have to pay for pre-approval.
If/when you use the lender, they will recoup any costs spent and more over the life of the loan. Sometimes you will see that they charged you for pulling your credit report in your closing costs.
Pre-approvals do pull your credit and analyze your finances (pay stubs, W2s). Are you thinking of pre qualification? If you are mixed up about these, visit this link: Pre-qualification vs. pre approval.
No fee for our pre-approval either.
I always thought the deal was: Prequalify=no pulling of credit and preapproval=pulled credit, which is why preapproval is stronger?
Our pre-approvals have pulled credit, but have never analyzed paystubs or W2s.
My Valentine Bookends (2~13~13, 2~15~09)
http://pandce.proboards.com/index.cgi#general