What if Forbearance Is Ending but You Can’t Afford to Stay in Your Home?
Some homeowners continue to experience money problems after forbearance, even after exhausting their payment options.
Why Mortgage Preapproval Matters
Sellers are unlikely to consider any offers you make without a mortgage preapproval letter, especially in a competitive housing market. Getting preapproved is the first step of the home-buying process and eliminates any potential hurdles before you fall in love with a home.