Specialty Lending Executive at Bank of America
Spring is usually the start of the home-buying season, but 2021 might defy the old model, one that counted on seasonality—and the traditional ways we shop for houses. The pandemic has ushered in new rules for home shopping and buying. Instead of showing up unannounced to a packed open house—with
A preapproval shows sellers a lender has verified your finances and creditworthiness and you’re ready to move. In just the last couple of months, for example, preapprovals at Bank of America have spiked, with about two-thirds of the applicants being first-time buyers.