Preapproval vs. Prequalification

Preapproval vs. Prequalification

When you’re buying a home for sale in Ellicott City or one of the nearby cities, your real estate agent will likely tell you that you need preapproval from a lender. But how is preapproval different from prequalification, and why do you need it? Preapproval vs....
What is a VA Loan?

What is a VA Loan?

If you’re a current or retired member of the U.S. Armed Forces, or if you’re a qualifying dependent or U.S. government employee, you could be entitled to use a VA loan. So what is a VA loan, and how do you get one? What is a VA Loan? The Veterans...