Get Pre-Approved?


Most mortgage lenders take the guess work out of applying for a loan by figuring out for you the amount you can afford to borrow. Then, they give you a printed document stating the maximum mortgage amount you qualify for based on your particular finances and income, a Pre-Qualification Letter.

Mortgage pre-approval establishes your price range and strengthens your buying position by letting the Seller know that you have already been approved for the loan. Sellers will not accept your offer without a Pre-Qualification Letter from a lender or a Proof of Funds Letter from a bank or investment company.

Should you get pre-approved for a loan first???

Most Definitely!!