Why Do I Need to be Pre-Approved?

First, don’t confuse pre-qualified with pre-approved. Getting pre-approved will take a little more work. A lender can pre-qualify you to buy a house after a quick conversation about your income, assets and down payment....

But for a pre-approval, a lender will need to verify your financial information and submit your loan for preliminary underwriting. That extra effort will pay off when you begin your home search. A pre-approval letter shows the seller you are ready to buy a house!

Imagine a seller, who’s eager to move, scanning through buyer offers and finding that you’re already pre-approved for a mortgage. They’ll be relieved and confident you’re ready to do the deal—they can confidently negotiate your offer.  Plus, being pre- approved speeds up the loan process—which definitely helps in a competitive market. 

How Do I Get Pre-Approved?

Let us put you in touch with one of our local professionals. They have successfully helped many of our clients with their mortgage process, plus the confidence in a seller's mind using someone that knows the local market can be the edge you need to get your offer accepted.