Six Inaccurate Assumptions Consumers Sometimes Make About Mortgages
If you want to own a home, it's important for you to do your research and learn as much as you can about mortgage loans. It's also important that you don't make any inaccurate assumptions about mortgage loans.
The following are six inaccurate assumptions consumers sometimes make about mortgages.
Consumers can definitely be approved for a mortgage if they've been pre-approved.
Unfortunately, being pre-approved for a mortgage loan doesn't necessary guarantee you that you'll actually be able to take out a mortgage loan.