Tag Archive: mortgage loan

How To Buy A Home: Step 11 – Easy or Confusing Application?

After the bank receives the fully executed contract of sale, they will begin the mortgage loan application process. You will need to complete and submit a formal loan application and provide supporting documents (to, amongst other things, verify your employment), which the bank will use to initiate the mortgage application ...

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How To Buy A Home: Step 6 – Highest & Best

We are currently in a very competitive seller’s market, so there are bidding wars for many homes. Highest and best means that a seller has received multiple offers on their home, so now they are asking all interested parties to submit an offer with their highest price and best terms. ...

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