Home Loan Pre-Approval

Why it's smart to get Loan Pre-Approval at the start of the home buying process!

3 Key Benefits

1. You know exactly how much home you can afford (eliminating wasted time looking at homes that are under or over your price range)
2. You get the best financing (i.e. lowest interest rate, lowest downpayment homeloan and lowest monthly payment, which will allow you to get the most house for your money)
3. You can make a stronger offer (You get the power of immediate action, you can beat other buyers, and you can negotiate the lowest price and best terms.)

Pre-Approval It's as Easy as 1 - 2 - 3:

1. A Home Loan Credit Report is generated by the Credit Bureau
2. Your employment, bank accounts and rental payments (if applicable) are verified
3. All information is forwarded to the underwriter for approval

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Confidential Mortgage Application

Obtain the Best Rates & Lowest Closing Costs

When you are ready to purchase a home, it makes sense to negotiate from the strongest position possible. In a strong real estate market, sellers can be more selective in the final buyer they choose to negotiate with. In such a crazed seller's market, it's not uncommon for a home seller to receive multiple offers on their property. With that said; there are certain things you can do to make certain that your offer is the one Seller goes with.

The vast majority of Purchaser's today go about the process entirely wrong, putting themselves at an overwhelming disadvantage!

Let's look at this from the Sellers perspective for a moment. If you were the Seller and had multiple offers on your property, all things being equal, would you accept the one with Certificate of Financing Approval or the one that was still conditional on Financing? The answer is obvious. Why then, do so many buyers wait to start the financing until after they have found the home?

What I have found is that those buyers are usually very good, qualified buyers and are not worried about getting approved. Even though they usually are correct and will ultimately be Approved, the Seller in most cases has no guarantees.

Lastly, from a cost savings perspective...

As a prospective purchaser, it makes all the more sense to start the financing early on so you can get a firm handle on your interest rate and estimate of points and closing costs. If you do this before finding a home, you are not under any time constraints and are less likely to over pay like a buyer who has found a home and is under strict time constraints.

Should you decide that you wish to take advantage of Pre-Approval, simply complete the attached confidential mortgage application. We will locate the absolute best mortgage rate and lowest closing costs possible and process your application without any cost or obligation.