Before you begin to shop for a new home, setting up a meeting to get pre-approved should be your first stop. In our meeting, we will review your information, assess goals for a down payment, determine your loan options and which loan program could work best for you. With a pre-approval you will receive a letter to take with you.
Getting a pre-approval letter for your mortgage loan will not only give you the ability to shop for your new home with confidence but it may give you a competitive advantage when making a bid or offer on a home.
The pre-approval letter we provide you allows the Real Estate Agents and the sellers to accept your offer with confidence knowing you have already taken the first step towards mortgage financing.
A pre-approval letter is not binding on the lender; it is subject to an appraisal of the home and certain other conditions. If your financial situation changes (e.g. you lose your job), interest rates rise or a specified expiration date passes, we will need to review your situation and recalculate your pre-approved mortgage amount.
WOOOHOOO! I’m so happy to hear Realtors are back to work!!! Do you miss our Lunch & Learn events?
Well, so do we and with the current situation, communication with you, our business associate, has never been more important.
That is why we would like to introduce you to SHOP TALK!Visit Jeremy's Blog