PREAPPROVAL
Before you go out and start shopping for a new house, you need a plan. It doesn’t matter if this is your first time buying a home or your hundredth, financial situations change, rules change, mortgage interest rates change. The best place to start is with a pre-approval, so you know exactly how much buying power you have. I can help you with that.
Frequently Asked Questions
What is a mortgage pre-approval?
A mortgage pre-approval is available, and recommended for anyone considering a home purchase in the future. A pre-approval is one of the first steps in the planning process to buy a home. During a pre-approval:
- Your income will be reviewed and verified,
- Down payment options will be reviewed,
- Your credit will be checked to confirm that there will be no credit surprises when you are ready to buy,
- Your budget for a new home will be reviewed.
Based on your particular set of circumstances, a customized purchasing plan will be discussed and put in place so that you can achieve your dream of home ownership when you are ready. We will also discuss your budget, expecting home ownership costs, closing costs, and an overview of the home buying process. Our pre-approval process is designed to ensure that you are confident and knowledgeable of what to expect as you are in search of a home, and to take a lot of the stress out of the process, especially after you have found that perfect home.
