Pre-approval letter with private mortgage holder

This is for Massachusetts. If someone has a family member that provides them with their mortgage, as in a private individual is carrying the note and is doing so as the bank/lender normally would, is there a kind of pre-approval template or other information that can be provided when making an offer on a home? Also, is there any other way to make the offer more attractive? It may seem less reliable than a similar offer from an established lender; on the flip side the closing could happen within days to a week.

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This is for Massachusetts. If someone has a family member that provides them with their mortgage, as in a private individual is carrying the note and is doing so as the bank/lender normally would, is there a kind of pre-approval template or other information that can be provided when making an offer on a home? Also, is there any other way to make the offer more attractive? It may seem less reliable than a similar offer from an established lender; on the flip side the closing could happen within days to a week. submitted by /u/Training_Skill_5309 [link] [comments]

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