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Your
information packet should also include current rate
information from at least 3 different lenders. Be sure to
include interest rates for a 30 yr. fixed rate mortgages,
as well as, one-year adjustable mortgages.
It's not necessary to include a mortgage application in the information packet, but you should have it handy to show prospective buyers. If the buyer has not been "pre-approved," have them fill out the 5-minute Instant Mortgage Answer. Qualifying Formula: |