THE BEST ADVICE... GET PRE-APPROVED

Most real estate agents and lenders highly recommend that you, as a home buyer, get pre-approved with a lender before selecting a home to purchase. This way, you will have the best information about the right price range for your pocketbook.

1. Pre-approval determines which loan program best fits your needs. 
2. You won’t waste time considering homes you cannot afford. 
3. You are ready to write and present an offer on the home you really want when you find it. 
4. Your buyer specialist can give the seller a pre-approval letter for you. 
5. In today’s market, with multiple offers on properties, pre-approval puts you in a much better negotiating position. 
6. You will know the amount needed for down payment and closing costs. 
7. If you are a first-time buyer, you may be able to qualify for a special first-time buyer program that may allow you to afford more home for your money. 
8. If you feel you would like and can afford a higher mortgage payment, other options may be available. 
9. Peace of mind.