
When you're buying a home, getting preapproved for a mortgage is an important step. But what happens after you've been preapproved? You might think that the next step is to commit to a mortgage, but that's not always the case. In fact, there's a big difference between getting a mortgage commitment and getting preapproved. This guide explains what that difference is and how to get the right one for you. What is a Mortgage Commitment, and How is It Different From Preapproval? When you're buying … Continue reading...