Home loan pre-approval may take up to 90 days depending on the documents you submitted and your credit potential. Expect a long-term loan, given the tight protocol to protect the lender's interest. However, some home loan providers like Churchill Mortgage provide easy options even for those with bad credit rating. FHA funded loans, for instance, allow a borrower to pay a low down payment and low monthly rate.
Today's Tennessee mortgage loans are the key to fulfilling part of the American dream, which is to own a home. Getting pre-approved is a step closer to this goal. Home loan providers ensure an almost hassle-free process of buying everyone's dream home minus the worries in the long run.
http://tennessee.churchillmortgage.com/info-articles/get-pre-approved-for-tennessee-mortgage-loans-for-easier-home-buying/
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