Get Pre-Approved for a Loan
The very first step towards buying a home should be getting pre-approved for the loan. This is an absolute must if you want to avoid major disappointments later. Getting pre-approved is often easier than people think.
Once you are pre-approved for a loan you will then know (1) how much you will be able to borrow, (2) how much you will need for the down payment, and (3) how much your monthly payments are likely to be. Looking for your next home then becomes easier since you will know that (a) you can get financing, and (b) what price range to consider. The lender will also give you an important negotiating tool – a pre-approval letter. This document will confirm to sellers that you can obtain financing, and will give you a negotiating advantage over buyers who do not have it.
If you have not already been pre-approved for a loan and would like one of our preferred lenders to give you a call to get the process started, please fill out the form below.