Guest Post: Navigating today's changing mortgage market
October 27th, 2016Vancouver mortgage expert Malcolm “Mac” Laird brings some clarity to the current mortgage application and approval process in this guest post.
Pre-Approval vs. Rate Hold
There is always much confusion between the terms "Pre-Approval" and "Rate Hold".
A “Rate Hold” is just that, a hold on an interest rate for a period of time. It is NOT an approval for anything.
A "Pre-Approval" requ ...