Get preapproved for a mortgage free– before you shop for your new home – and get more bargaining power.
The benefits of a preapproval:
- Determine your affordable price range
- Shows you are a serious buyer
- Having a pre-approval gives you the added leverage when buying a home.
- Sellers know that a pre-approval means you are ready to buy
Talking to a licensed Loan Officer is an important step to getting the right mortgage loan. Every borrower is different and a Loan Officer knows which questions to ask in order to best match you with the right loan and monthly payment