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Buyer's Loan Approval

Minor celebration is appropriate!
This is when the buyers get approval for their mortgage!  It differs from Pre-Approval mostly because the underwriting process is updated and "complete" - always with conditions.  Like still having their jobs, money, same credit score and debts.  And still being alive and capable of signing closing documents.
That's why it's just a minor celebration.
Oh, and the property needs to appraise for the contract price or better.  The appraisal is likely already in the works by the time the buyer's loan approval arrives.
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John
Stapleton
512-219-Sold
Broker
Owner
Founder
Focus Realty™

Texas Information About Brokerage Services and ​Texas Real Estate Commission Consumer Protection Notice
  • home
  • This Week's New Listing
  • 25612 Fawn
  • 1616 Shady Creek
  • Reviews
  • Austin Realty Blog
  • Full Move
  • Come Sell Our House
  • New Clients Please Watch
  • Help Us Buy a Home
  • Buy before Selling
  • This Month's Nature Photo
  • SOLD on Cerro Ct
  • Another sale on Old Mill
  • SOLD on Glass Mountain
  • Sold in Neelys Canyon
  • Sold on Camino Real
  • SOLD on Clover Ridge
  • SOLD another on Old Mill
  • SOLD on Camino Real
  • Sold on Winecup
  • Steps in Selling a Home
  • Steps in Buying a Home
  • Another Sold on Old Mill
  • Sold in Spicewood / Balcones
  • Sold on Los Robles
  • Sold in Mason Ranch
  • Sold in Summerlyn
  • Oak Knoll 2.6 Acres
  • 12200 Montana Springs
  • Sold in Forest Oaks
  • Sold on Legend Hills
  • SOLD on Paint Brush Trail
  • SOLD on Cedarcliffe
  • SOLD on Pomegranate Pass
  • SOLD Lime Creek Land
  • Call Back Schedule
  • Recently Bought & Sold
  • Texas Real Estate Commission Information About Brokerage Services
  • Real Estate Marketing Photos
  • Travel Blog
  • Cabinet Painting
  • Milburn Park
  • Lakeline Metro Rail
  • Hill Country
  • Selling Process Overview
  • Contract Class
  • Big Bend Adventure
  • Lake Cedar Park
  • Search
  • Make Ready Consultation
  • Safety During Showings
  • Vendor Recommendations
  • Working By Referral
  • Mortgage Pre-Approval Process
  • Live MLS Search
  • Cancel Insurance
  • Make an Offer
  • Mulitple Offers
  • Counter Offers and Negotiation
  • Contract on a Home!
  • 80
  • Negotiate Concessions
  • Pending Without Option