Get Prequalified for a Home Buyers Loan

Benefits of Having Your Credit Pre-approved

Getting your credit pre-approved means you'll receive a loan commitment from a mortgage company before finding a home, based on your credit and finances. A pre-approval shows sellers that you're a qualified buyer and helps you establish a clear price range.

The Pre-approval Process

The process of applying for a credit pre-approval is the same as a typical mortgage application, except that it doesn't include information on the property you will purchase. The loan officer collects information on your credit, income, assets and debts, and sends this information through an underwriting system. If the underwriting process determines that you qualify for a loan, you receive a loan commitment for up to a certain dollar amount, which is contingent on the property meeting certain criteria.

Benefits of having a pre-approval:

• More efficient home search by allowing you to focus only on homes you know you can afford.
• Allow sellers to know that you're a serious buyer and can back up your offer, so they don't have to worry about whether you can get a loan.
• Lets you know before finding a home if there are any issues to address which could cause difficulty getting a mortgage approval.
• Streamlines the mortgage process, by getting most of the mortgage application completed before finding a home, when time constraints could become an issue.

Get a pre-approval now. No obligations - no annoying, non-stop phone calls. I'll contact you once and you can decide when, or if, we need to speak again. I do not share my list with anyone but the mortgage agent. Just fill in the following form to get pre-qualified.