Do I have to borrow as much as I am prequalified, preapproved, or approved for?
- Listed: August 13, 2022 10:23 am
- Expires: This ad has expired
Description
Do I have to borrow as much as I am prequalified, preapproved, or approved for?
No. You may choose to borrow less.
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Listing ID: 42962f77b9ef2395
- Listed by: Editor
- Member Since: July 24, 2018
Other items listed by Editor
- At the mortgage loan closing, do I have to sign if I don’t like the terms?
- I am married or was previously married, and I am applying for a mortgage loan or home equity line of credit in my own name. Can a lender or broker ask me about my spouse or former spouse?
- Loan term or duration
- My rate (or the fees) changed between my Loan Estimate and my Closing Disclosure. What do I do?
- Does a creditor have to consider my part-time or retirement income?