Five Reasons to Get Pre-Approved
1. Knowing how much home you can comfortably afford saves you time and energy during the home search. You won’t waste time looking at homes that do not fit your budget.
2. Sellers are more likely to accept an offer that is accompanied with a pre-approval letter than an offer without one.
3. The pre-approval process will alert you to any potential credit or income issues that you may need to address before you purchase.
4. The loan approval process is faster and requires less documentation from you if you are pre-approved before you shop.
5. You will have peace of mind knowing that your loan application is pre-approved. Now you can focus on shopping for your new home!
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