The most stressful mistake first time buyers make is not getting ‘properly’ pre-approved. This is probably one of the simplest problems to solve, but you do need to understand how this works.

This video will answer the following

• What is the difference between a pre-approval and a rate hold?
• The number oneway to tell if your banker or broker is experienced or not?
• How you will know if you have a ‘proper’ pre-approval?

Proper Pre-Approval Quiz

Tags: first time home buyers, pre approval mortgage, proper pre-approval mortgage, Scott Peckford