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BlessedMomma
LIF Adult

Member since 12/11

6163 total posts

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Momma Bear

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Message edited 12/5/2013 10:48:41 AM.

Posted 12/4/13 10:26 PM
 
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chilltocam
LIF Adult

Member since 11/11

9141 total posts

Name:

question about pre approval

You have to give the bank all of your account and income info. And they run a credit check. From what I recall, the pre-approval only states how much of a mortgage you qualify for.

Posted 12/4/13 10:52 PM
 

MrsG823
Just call me Mommy.

Member since 1/11

5570 total posts

Name:
S

question about pre approval

All the pre-approval letter states is how much you are able to borrow for a mortgage. It does not give any account details. However, as part of the mortgage application process you will have to provide the bank with statements for ALL accounts. If your DH does not know what you have in savings he may find out during the mortgage application process. The bank may ask things like where large deposits originated from, etc. After buying our home I can tell you EVERY detail of my DH's financial history and that of his company. It is going to be hard to keep your financial details secret .

Posted 12/4/13 11:48 PM
 
 

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