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Instructions and help about Texas Conditional Qualification Letter For Mortgage

Well hi there, I'm Michael Hausam of The Hausam Group at Vista Pacific Realty; so Ihad a couple of buyer consults last week where the issue of pre-qualificationcame up... or pre-approval or conditional loan approval; there's a bunch ofdifferent words for that; oftentimes they're used interchangeably, but this isarguably as an upfront effort one of the most important things that a homebuyercan do and the confusion about these terms and what they mean is prettysignificant; also there's quite a tremendous strategy involved if youcomplete this process correctly; so I want to define a few terms and correct afew errors along the way; all right, so first of all the pre-approval orpre-qualification, conditional loan approval, whatever you call it, isbasically all the work that's done by a buyer up-front, before they ever go outand buy a house; okay it really makes sense to do that no matter what becauseyou want to be making sure that you're looki

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