Loan Pre-Approval
Once upon a time, buyers found their dream home and then went in search of a mortgage. The market is more competitive today. Buyers who arrange their financing first have a distinct advantage.
The pre-approval process will benefit you in the following ways:
• You will know in advance what your payments will be.
• You will have an estimate of your closing costs.
• You will not waste your precious time considering homes you cannot afford.
• You can select the best loan package without being under pressure.
• Sellers will find your offer to purchase more favorable if they know in advance of your abliity to secure financing.
• You will have peace of mind.