A spike in the number of people going through brokers for home loans in the first three months of the year bodes well for an industry beset by challenging conditions, Mortgage Choice chief. old.
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· The pre-approval was good for 90 days. If we made an offer during that time we just called the mortgage rep and had him draft a letter that showed us pre-approved for the amount of the offer. If we had gone past the 90 days we could have waited until we were ready to make another offer before we got pre-approved again.
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