Preferred Lending Partners
For most people, buying a home is the biggest financial transaction they'll ever do. Getting the right mortgage for your purchase can save you hundreds of dollars a month, and tens of thousands in the years you own your home.
Before you go shopping for a home, it's critical that you get pre-approved for a mortgage. This will tell you how much home you can buy and what your monthly payments might be. It will also help you make a competitive offer quickly when you find the home you want.
What's the difference between pre-approved and pre-qualified?
Getting pre-approved for a mortgage is a little bit more involved than simply getting pre-qualified. A pre-qualification involves giving a lender an overall picture of your financial situation to ensure you can get a mortgage. A pre-approval goes a step further and involves filling out a complete mortgage application and providing documentation so the lender can do an in-depth check on your financial background.
If you're serious about buying a home, you want to get pre-approved because it speeds up the loan process and gives sellers confidence that your financing to purchase the home will not fall through.
I work with several lenders in the region, all of whom are professional and have received rave reviews from buyers.