Posted by dewCO on December 06, 2000 at 10:29:57:
Basically they need to know the value of the house. They will determine that. What YOU need to know ahead of time is what are their parameters and loan costs and max. loan amount and how fast can they close.
No problem calling them and getting their criteria before you have a specific property picked out. And then you can ask them, what do they need to get loan going when you have one that meets your criteria as well as theirs.