In today's world of Real Estate there are many different options for financing a new home. We have designed our web site to try and give you as much information regarding the various types of mortgages as possible. As we lead you through the process, you will have a better understanding of how different mortgages work as well as a brief description of each of the most common types of mortgages. When buying a home you need to make certain you will qualify and be APPROVED for your new home loan by your lender. Many sellers will not accept an offer on their home without a good PRE-APPROVAL letter which meets the terms of the Spokane Multiple Listing Service standard Real Estate Purchase and Sale Agreement. Sometimes sellers will not remove their home from the market until they have been provided with a written letter from the buyer's lender stating the buyer has been PRE-APPROVED for their loan. This is also why it is critical from a buyer's standpoint to meet with a reliable Lender from the start of their home search process to ensure that they will be receiving financing and will not risk losing their perfect home to an already PRE-APPROVED buyer.Lets take a look at what a PRE-APPROVED buyer is in comparison to a PRE-QUALIFIED buyer. There is a big difference so look at both definitions closely.
Pre-Approved Buyer:
The lender has reviewed the buyer's formal written mortgage application and financial records, completed a satisfactory credit report, and then approves the buyer for a specific loan amount. This approval is subject to a satisfactory appraisal of the property and title report.
Pre-Qualified Buyer:
The lender takes the buyer's income, down payment, and employment background and will then qualify the buyer as an approvable buyer, contingent upon the lender approving the buyer's completed application including a satisfactory credit report and employment verifications etc.
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New! New! New! and not a flip. Come see this recently remodeled 1938 Bungalow before it's gone. Upgraded with home owner's pride. This 2 bedroom 1 bath home has been remo...
The house you wish you'd grown up in! First time on market in 31 years. Lovingly cared for Four Square home, stands stately on a stunningly landscaped large corner lot....
Fabulous 3 level Mead home in Winfield Park~ 4411 E Woodglen Ct~ Large corner culdesac lot with room to build a shop! .46 acre with 4 bedrooms, 2.5 baths + 3 car finished...
Gorgeous Manito Park craftsman in great condition~ Located one block south of Manito Park this home is in the ideal location! Home was fully updated in 2005 and kept all...
Charming 4 bed 2 bath home with adorable touches & room to add! Nestled in the right neighborhood featuring an updated kitchen & main floor bath, wood floors, gas forced ...
Newly renovated home! This home is move in ready with 3 bedrooms and 1 bathroom. Upgrades include: New carpet, LVP flooring, LED lighting, white shaker cabinets in kitch...
This property could be a great home or investor opportunity! 2 bedrooms, 1 bathroom, with room to grow in the unfinished basement. Detached garage with ally access, fence...
Exceptional opportunity that combines a close in location, views, trees and pastures. Located just off Hwy. #395 interchange and only minutes from schools, shopping and s...
Located on a quiet street, this lot has a wonderfully updated home with new flooring up and down. New counter tops, brand new side by side refrigerator, new garage door o...
Only two blocks from Whispering Pines Park, this beautiful home is located in the popular Eagle Ridge community. Featuring a large open kitchen with stainless steel appli...
CLEAN SHADLE RANCHER/ 3 BEDROOMS/ 1 BATH/ APPROXIMATELY 1586 TOTAL SF/ HARDWOOD FLOORS/ FINISHED BASEMENT WITH EGRESS BEDROOM AND REC ROOM/ OVERSIZED 2 CAR GARAGE/ METAL ...
Welcome to the "Park on Calispel", a quiet, gated, low maintenence PUD conveniently located to shopping, restaurants & medical. Light & Bright w/ vaulted ceilings, syligh...
Cute duplex on large corner lot. Each unit is 1bd/1 bth with vinyl siding and sprinkler system. Washer and dryer in units. Property has 2 car garage
Super clean Shiloh Hills split with lots of updates! This 4 bedroom, 1.75 bath contemporary is conveniently located in the Mead School District just off of Nevada and is...
Beautiful updated 4bd 3 bath 3 car garge home with main hardwood floors. Trex deck, custom storage building, gas fireplace with remote starter and finshshed basement gas ...
Spokane Valley contemporary floor plan with vaulted ceilings, this home is move-in ready! Newer interior and exterior paint, carpet and plank flooring throughout. All new...
Well maintained Airway Heights rancher. Home boasts 3 bedrooms, 2 recently updated bathrooms and a 2 car garage. One of the full bathrooms is attached to the primary bedr...
Get ready to spend summer days enjoying this spectacular MCM home w/ income potential. Close to Manito Park, this home is also a up/down duplex. Recent exterior renovatio...
Exceptional, 3,400 Square Foot, Mid Century, Spokane Valley Rancher with beautiful Pool! Refinished, gleaming Hardwood Floors and Cabinets, Fresh Paint and Carpet through...
Get your first look at the beautiful Sekani Heights development. This is a wonderful "Sierra" 3 bed 2 bath Rancher with a spacious floorplan. It does not get much better ...
Get your first look at the beautiful Sekani Heights development. This is a wonderful "Cambridge" 4 bed 2.5 bath two story with a spacious floorplan. It does not get much ...
Amazing 4 bed 2 bath Shadle Rancher w/ detached 2 car garage. Main floor boasts a spacious living room huge updated kitchen, large formal dining area with fireplace, main...
One owner home on generous .28 acre lot in the beautiful south Spokane Valley ! This is the first time this home has ever been on the market. Enjoy the large fenced yard ...
Must see this adorable and beautifully updated 3 bedroom, 2 bathroom home! Completely move-in ready! New updates abound including remodeled spacious owner suite, new ligh...
Curb appeal galore! You will love every inch of this beautifully updated home, from the fresh exterior paint and new exterior accent trim, fresh pottery barn style inter...
Fully loaded, better than new Liberty lake cottage available NOW! Owner spared no expenses when picking out the finishes for this one year old, 3 bed 2 bath home, perfect...
Fully occupied triplex! Includes a two bedroom bungalow w/ laundry hookups & 1 car garage. Separate building has a main floor apartment with two large bedrooms, full base...
Great fully occupied 4-plex! Updated units. One 2 bedroom unit. 2 large 1 bedroom apartments with laundry hookups. One large studio. Opportunity for additional rental inc...
Move-in ready, one-level home in Spokane Valley built in 2010 features an open floor plan, with vaulted ceilings, gorgeous kitchen with an island, newer appliances that s...
PENDING BEFORE LISTED.
Beautifully set up home on 14 secluded acres. Check out this home featuring 4 bedrooms & 2 baths with nearly 2,000 Sq Ft. Hardboard siding, vinyl windows, interior wood a...
Beautiful home in a great NW neighborhood. Home features a well-designed kitchen, good roof, good carpet, 3 bedrooms, 1 bathroom and a back patio perfect for relaxing or ...
Pending Prior to listing 4 Bedroom, 2 Bath 2,324 sq ft Rancher
4 bedroom 3 bath 4-level home located in the highly sought-after Wind River development on the edge of Riverside State Park. This 1-Owner home sits on a large corner lot....
Great investment! Always rented with good (long-term) tenants! Room for rental increase. New painting on exterior of property. The upstairs has been recently updated. Off...
Escape the grind of the city with this beautifully renovated 4 bed, 3 bath with detached 2 car garage / shop. Open concept living on the main floor with a spacious kitche...
Check Out This Gem In The South Valley! This Beautiful 4 Bedroom, 3 Bath 2 Story Home In Conveniently Located Just East Of The LDS Church Off South Highway 27 And Belle ...
Investor alert! Large 3017 sqft home with a brand new l0K furnace! Located on a great street with all updated or remodeled homes. Fenced back yard has a separate garden, ...
Cozy 2 bedroom,1 bath house on level corner lot with room for a shop. Newer roof, windows and water heater along with laminate floors and wood tongue and groove ceiling....
Come see this beautiful and spacious home, set back in quiet neighborhood of the coveted Greenacres. Minutes away from interstate access while still being in a peaceful n...
Located in the Gonzaga District this vintage charming 4 bedroom, 1.5+ bathroom home built in 1902 has so much to offer. If your looking to invest, have rental income o...
Beautiful maintained 4 bedroom 3 bath in Airway Heights. Outside you'll find new exterior paint, new gutters, new landscaping front and back including producing raspberry...
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.