If You’re Serious About Buying

 

 

Many online buyers will call a mortgage lender while they’re looking to seek information about financing. In the process, they become “pre-qualified.” That gives them a good idea of what they can afford, or more accurately, what loan amount they qualify for.

You should take it one step further.

If you aren’t already, get yourself pre-approved now. You’ll be in a stronger position to buy when you find the right home.

You become approved when you actually apply for a loan. The lender checks credit, verifies employment, and often verifies that you have sufficient funds to close. Then once you find your dream home, just about the only thing left is your appraisal. Sellers prefer pre approved buyers because it can cut significant time out of the closing process.

Pre approval can really help you determine your price range, which helps you narrow down your choices of available homes on the market. You will already know how much you can afford, before you start looking.

Contact us today if you have more questions about the pre approval process, or if you already are– let’s get started finding you your dream home!!

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