Pre-approval

5-Great Reasons to be Pre-Approved by a Lender

One of the most important parts of my job is to assist yo in your purchase negotiations. It is to your advantage to deal from a position of strength by having your loan i n place before we begin negotiations by obtaining a pre-approval because:

  1. You will know in advance what your payments will be.
  2. You can focus on homes that are priced in your price range rather than wasting time looking at the wrong homes.
  3. You can select the best loan package without being under pressure. There are many options to choose from in today’s market.
  4. Sellers will find your offer to purchase more favorable if they know in advance of your ability to secure financing. This may make your offer more competitive if other offers are being considered.
  5. Peace of mind. Borrowing money is never an easy or exciting thing. Finding your homes will be easier and more enjoyable if the loan process is behind you.