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Mortgage Monday: 3 Reasons You May NOT get Pre-Approved for a Mortgage

mortgage insuranceIn this episode of Mortgage Monday Jim Cardinal and Alexis Meeks talk about the three reasons that you may NOT be pre-approved for a mortgage. Many prudent home buyers look first to find a mortgage before they start looking for a new home. This process is called pre-approval and it is very common.

This week Jim Cardinal explains three items that you may want to look into before you attempt to get  pre-approved for a mortgage. You do not want to go through the time and effort of getting pre-approved for a mortgage only to find out that you cannot get approval. Jim’s recommendations are making sure you clear up these items first and then enter into the process to pre-approved of a mortgage.

This removes the headache of having to go through the process twice.

Watch the video below to learn more about the three items:

(if you can’t see the video click here)

Thankfully we have Jim Cardinal, Branch Manager for Syracuse Securities {visit his website to learn more} and Alexis Meeks of Karp, Ackerman, Skabowski & Hogan CPAs {Connect with Alexis on LinkedIn} to explain what is happening in the mortgage industry, how issues will impact the home buying process and what actions to take moving forward.

You can reach them by phone at:

  • Jim Cardinal | (518) 281-0077
  • Alexis Meeks | (518) 828-7618

We can help with homeowners insurance

If you are a first time home buyer or if you currently own a home we would love the opportunity to help you find the proper coverage at the most competitive rate for your home insurance or rental property insurance.  We are dedicated to helping you make the best decisions regarding your insurance and providing our community are resources like Mortgage Mondays are part of that dedication.

If you would like to receive a quote give us a call at (518) 456-6688 or click here to begin the process by email.

Thank you,

Ryan Hanley, CIC