Are You Pre Approved?
Are you pre-approved for a loan? Before you begin to shop for a new home, you should set up a time
to meet with one of our home loan specialists so we can figure out how much you can afford. This
will put you in a better position as a buyer.
To get pre-qualified for a loan, I will collect information about your debt, income, and assets.
We’ll look at your credit profile and assess goals for a down payment and get an idea of different
loan programs that would work for you. I will issue you a pre-qualification letter indicating the
amount you are pre-qualified to borrow.
Getting pre-approved for a loan gives you competitive advantage when the time comes to
bid on a home because you have been approved for a loan for a specified amount.
A pre-approval letter is not binding on the lender; it is subject to an appraisal of the home you
wish to purchase and certain other conditions. If your financial situation changes
(e.g. you lose your job), interest rates rise or a specified expiration date passes, your lender
must review your situation and recalculate your mortgage amount accordingly.
GET PRE-APPROVED TODAY!! CALL 760-476-1041