Unless you plan to pay cash for your purchase, it’s a great idea to get pre-approved before you begin looking for a property. In order to make an offer on a property, you will need a pre-approval letter from a lender, so you’ll have to go through pre-approval sooner or later. Sooner than later make sense because your mortgage pre-approval not only gives you buying power, it also answers a number of questions:
If you would like a referral to a great lender, just let us know. When looking for a lender, we recommend the following:
If you’re hesitant to speak with a lender now, you can get started on your own by taking the following steps:
As you can see, the mortgage pre-approval process can be a little complicated, which is why we think it’s best to speak with a lender early in the process. We’re happy to help in any way we can!