We recommend that before you start your house hunting, you begin the loan pre-approval process. Being pre-approved requires that a lender verify your financial information and serves as their commitment to lend a specified amount based on that information. Pre-approval will give you a number of advantages:
First, when you do find a property, sellers will take your offer more seriously since you will have a lender committed to backing your offer.
Second, you're assured of looking at homes you can confidently afford to finance. Your efforts will be focused on properties that match your financing abilities.
Third, you'll have an edge over other buyers who aren't pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted or losing the property to another buyer.
We're eager to help you get pre-approved through our many sources of lenders. To begin the pre-approval process or request more information,click here