Middle-class buyers are increasingly springing for homes they can barely afford
homura1650 @ homura1650 @lemmy.world Posts 1Comments 128Joined 2 yr. ago
homura1650 @ homura1650 @lemmy.world
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I bought in 2022 and can't imagine having that much interaction with a mortgage broker. My interaction consisted of giving them my information. Getting pre approved for a stupidly large mortgage (about twice what I could afford). Then, when I found a place to buy, they punched in the address for the "virtual appraisal" and approved the loan.