Quick and Easy Mortgage Pre-Approval | Priority Lending, LLC

If you’re in the market for a house and are looking into a mortgage, a credit score of 740-850 goes a long way. 670-740 is also considered a good credit score. This will also land you a mortgage. 620-670 is also considered acceptable. Anything below that and things become a little more difficult. Contact us today and we’ll help you land a mortgage for your dream home today. 

On average this can take anywhere between 30 days to a few months. There’s a lot that goes into this process, from checking credit scores to checking tax returns. They check every angle to get you a home loan in Tucson. 

This is certainly a possibility to be denied after being pre-approved for a mortgage. Being pre-approved is not always a 100% guarantee. It can indicate a good chance of being approved but it does not solidify your chances. 

This is a commonly-asked question – the answer is yes. Lenders will pull the borrower’s credit at the beginning of the process and it will then be run prior to closing.

When you’re in the middle of closing on a house, one thing you should always do is avoid purchasing any big price tag items like a car, boat, or expensive furniture. Quitting or switching jobs is also something you’ll want to avoid during the process. Make sure you pay all of your bills on time during this time as well. Opening a new line of credit is also a very bad idea. It’s best to focus strictly on the closing of the house before making any other moves that affect your credit or income.

This depends on a number of factors. We will need to verify your credit score, tax returns, proof of income, and more. All this goes into determining your eligibility for financing at certain interest rates.

No. There is still a possibility that your mortgage loan will be denied after being pre-approved. This usually happens if something falls through or there is an issue with your financials determined during the underwriting process.