External locus of control. The person who has external locus of control is the opposite of the one who has internal locus of control. That person believes that the whole world is plotting against him, that luck exists and that life is unfair.
FHA loan rules do not permit the re-use of an appraisal once the loan has closed. According to FHA.gov, âFor example, an appraisal used for the purchase of a property cannot be used again for a subsequent refinance, even if the appraisal is within the 120 day validity period. A new appraisal is required for each refinance transaction requiring an appraisal.â.
Lenders are in charge of setting their own guidelines in reference to how long a pre-approval is valid. Some lenders will set a guideline of 45 days, while others will go as long as 90 days.However, should a pre-approval letter expire because the borrower hasn't found the right house, he can obtain a new pre-approval letter once the lender has re-verified his income, debt and credit situation.re-approval letters will range based on the type of the loan that the consumer selects. However, pre-approval letters can be issued for multiple types of qualifying loans. When a consumer is pre-approved for a conventional loan, for example, she could also be dually qualified for a FHA loan.