Why Mortgage Pre-Approval Matters...
Residential sales are picking up, are you ready? If you are considering buying a new home, this is where you need to start and why…
Determine your Price Range. By speaking to a lender before you begin your search, you will determine what price range you are looking in. This ensures that you know what you can afford. If you don't know what you can afford before you start looking, you might fall in love with a $200,000 house when you can only afford a $150,000 house. Every home you see after that will fall short of the $200,000 house you initially fell in love with.
Easy Process. First, contact a lender. Need help? I can put you in touch with local lenders who know the River Region market. Finding the right lender, with an impeccable reputation is the first step to a smooth transaction.
Advantages. Local lenders are knowledgeable of the different financing options available to each client. The lender will tell you what loan you should apply for ensuring the best rate, how much you can afford, and what you need for the down payment. Most lenders can get pre-approval through a simple online process.
Getting pre-approved before you start your search puts you in a huge advantage enabling you to move quickly when you find the home of your dreams. Multiple offer situations are common and most sellers ask that buyers attach pre-approval letters when offers are made.
Want to know more about how I can help you Create Something New? Contact me today! 334-799-0210