Getting Pre-Approved

There are several advantages to getting Pre-Approved before shopping for a home including:

You’ll know your Numbers
- Just like running a business, Homebuying is a serious business and likely one of the largest purchases you will make in your lifetime. You should know what your estimated payment ranges will look like at different purchase prices and loan amounts.
Affordability
- Know how much you qualify for so you can set the expectation with your buyer’s agent of your housing price ranges so you can achieve your affordability goals.

Credibility
- It will make you a more attractive buyer to the seller – especially in a competitive market.
Local Touch
- A highly-credible locally-based lender will know the market, and local individuals and have a personal touch to help you navigate the process and provide you with the best opportunity for a smooth and on-time close. Instead of dialing into a phone tree for service, a single point of contact can provide you with better speed and efficiency to help you achieve the home of your dreams.
Faster Close
- By having your income, assets, and personal information pre-approved, you can streamline the time that it takes to close on a home.
Get the Edge
- As a seller considers taking their home off the market to accept your offer, it is an important calculation on their part to make sure you are a highly qualified buyer that is likely to close. A Pre-Approval can alleviate some of their doubts in this process and help elevate you compared to those that are pre-qualified.