Tag mortgage process

Can a Felon Get a Mortgage Loan? Here’s What to Know

Obtaining a mortgage loan as a felon is possible, but it can be challenging due to stricter lending criteria. Many lenders evaluate applicants on a case-by-case basis, considering various factors beyond just criminal history. Understanding these nuances can help felons…

Can You Be Both a Loan Officer and a Realtor?

Yes, you can be both a loan officer and a realtor, as many professionals in the real estate industry successfully juggle both roles. This dual career path can offer significant advantages, including a comprehensive understanding of the mortgage process and…

Does Pre-Approval Impact Your Credit Score?

Understanding whether pre-approval affects your credit score is crucial for potential borrowers. The quick answer is that obtaining pre-approval generally results in a soft inquiry, which does not impact your credit score. However, it’s essential to understand the nuances involved…