answersLogoWhite

0


Best Answer

yes, would you write a check for something without knowing if you had the money to cover it? same principal. You do not need to, but it would be stupid not to.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you need to get pre-approved for a mortgage loan before you make an offer on a house?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Will the mortgage company offer to reduce your mortgage due to the mortgage crisis?

Some banks will - the best thing to do is call your mortgage company and see what they are offering. Banks make more money by keeping you in your house and paying your mortgage, so you may be able to refinance or renegotiate the terms of your mortgage.


How can you buy a foreclosed or bank owned property?

I mean, can anyone with cash basically look them up and make an offer?There are a few ways that one can purchase a foreclosed home. Some of these would include getting preapproved for a mortgage, finding an agent that specializes in foreclosures as well as knowing that the home is sold as is.


Where can I find information and advice on residential mortgage services?

Residential mortgage services are basically just companies or banks that offer loans for buying a house. A mortgage is the monthly payment you make on your home, and banks will help you with this.


Which websites offer a Canadian Mortgage Calculator?

There are several websites which offer a Canadian mortgage calculator. TD Canada Trust, RBC Royal Bank, Mortgage Calculator Canada and Canada Mortgage all offer Canadian mortgage calculators.


What types of mortgages does Chesapeake Mortgage offer?

Chesapeake Mortgage offers mortgages for houses and businesses. They can be part-value or for up to 95% of the value of the house for first-time buyers.


Which companies offer Mortgage Life Protection?

The companies that offer Mortgage Life Protection are State Farm and Benefit House. One can also search on Confused which has comparisons for the insurance. Examples are Legal and General, LV and Zurich. Mortgage Life Protection will allow the rest of the mortgage to be paid off if one dies so long as the payments are made and up to date.


Does Chase Mortgage offer home refinancing?

Chase Mortgage does indeed offer home refinancing. They actually offer competitive mortgage rates and can be a smart approach to reducing your overall borrowing costs.


Which website has a free calculator mortgage payoff option?

You can find websites by looking around online. Most mortgage websites offer mortgage payoff calculators to help their customers decide which loan is feasible for them before applying.


Does the Toronto Dominion Bank offer reverse mortgages?

Currantly the Toronto Dominion Bank offers a reverse mortgage. There are conditions and requirements before you can receive this type of mortgage so it is best you speak to the financial institution to see what is to offer and if you qualify.


What insurance companies offer mortgage protection?

There are many insurance companies that offer mortgage protection insurance. Some of these companies are AIG, Bank Rate, Mutual of Omaha, and State Farm.


Does Wells Fargo offer mortgage financing?

Yes they do in fact offer mortgage financing. Please go to you local location to speak with them about their current rates for a mortgage.


Which companies offer mortgage loan modification?

"Every mortgage lender or mortgage servicer offers mortgage loan modification. There are also many third party companies that offer mortgage loan modification, but work with them at your own risk."