Your preapproval has limits. A regular preapproval will not be the same as a preapproval for land only purchase. You are pre-approved for a specific monthly payment amount based on specific loan terms. This payment is based on the purchase price, your down payment, proposed interest rate, estimated taxes, insurance, and HOA payments. Not all home types have the same payments so make sure your loan office is being thorough and ask questions.
Негізгі бет Make sure you understand the terms of your
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