Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Johnny Hunt
  • Contractor
  • Park City, UT
2
Votes |
9
Posts

Where to go and what to bring - pre-approval for a 2nd mortgage

Johnny Hunt
  • Contractor
  • Park City, UT
Posted

My wife and I own a home that we could easily rent out and we have our eye on a bigger home with more acreage. In order to get pre-approved for a second mortgage, what information will the lender be looking for?  Would rental comps (for our current home) in the area help?  Where would be the first place you'd go to get pre-approved?  Mortgage broker?  Small Community Bank?  Large Bank?

Thanks in advance for your help!

  • Johnny Hunt
  • Loading replies...