Do we need to be pre-approved for a mortgage?
DW and I will be coming to TV for the 3rd time this coming January. We hope to find us a home this trip for either snow-birding or maybe full time living. We are not very familiar with the intricacies of obtaining a mortgage in Florida. Is it necessary to be pre-approved for a mortgage ahead of a serious house search? If so can you recommend someone locally to contact?
We checked with our local small town bank and they would not make a 30 year fixed mortgage on a Florida property.
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