Understanding the mortgage loan process and programs can quickly put you ahead of the rest. There are many mortgage scenarios and finding the one to fit you and your individual needs is just another successful step in the home buying process. Talk to a professional.
Mortgage qualification is worth it's weight. Even though it may be a little time consuming knowing what your options are can definitely relieve a lot of the stresses of buying. In some cases sellers will require mortgage loan approval to accompany the offer. Be prepared.