Be aware, getting pre-approved for a home loan could affect your credit score. However, it will depend on the information used by the lender for the pre-approval. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know some lenders provide pre-approvals based entirely on the information you give, like bank records and pay stubs, etc. This process will not affect your credit score. Some lenders, however, will pull a copy of your credit report. If they make an inquiry to the credit bureau, it will affect your credit score the same way as any other inquiry. Check out below to see what sold in Highland Lakes in October 2015:
20006 Bryn Maur Court, Northville: 3 bedrooms, 1.1 bathrooms, 1,360 sq. feet, Sold Price: $125,000
Highland Lakes Home Sold
October 2015
20260 Longwood Court, Northville: 2 bedrooms, 1.1 bathrooms, 1,184 sq. feet, Sold Price: $129,000
42345 Amboy Court, Northville: 2 bedrooms, 1.1 bathrooms, 1,359 sq. feet, 1 car garage, Sold Price: $145,000
Highland Lakes Home Sold
October 2015
42326 Norwood Court, Northville: 3 bedrooms, 2.1 bathrooms, 1,626 sq. feet, 1 car garage, Sold Price: $179,900
Its also good to know that this type of inquiry is a bit more relaxed than a credit card inquiry. For more information on Highland Lakes, or similar Northville or Novi neighborhoods such as Crosswinds West, Country Place and Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.