pre-approval application

The journey to purchase a new house is very exciting, and a lot of work.  Researching, gathering documents, phone calls, showings, and even the waiting will keep you busy.   Every buyer is different, and there are many roads that lead to the closing table.  The very first step of this journey is the pre-approval process.

The pre-approval process is the starting point of your home buying journey for several reasons.  First, you need to know what you can realistically purchase.  This gives our team a foundation to work from when locating properties to show.  It would be a waste of everyone's time to show you properties that are out of your price range.  Conversely, you may be surprised to discover that you can actually afford a higher priced house.  In either case, the pre-approval process sets the stage to find the right house.

Second, a pre-approval letter puts you at an advantage with negotiations.  Sellers know the work involved to become approved for a loan, so they are less likely to spend time and money on a buyer who may or may not be able to close.  When you have a pre-approval letter, it shows you have done the work to pave the way for a smooth closing process, and shows you're serious about buying.  This incentivizes sellers to try and meet your contingencies and price point.

When you have a pre-approval letter, you can shop with confidence knowing that you can close on the house you desire and that you're taken seriously by everyone involved in the process.  Take a moment to fill out the short pre-approval form to take the first step towards home ownership.