The advantages of getting a pre-approved home mortgage loan

One major advantage of getting pre-approved for a home mortgage loan is that it gives you a firm idea of how much you can borrow. If you know how much you can borrow and how much you have for a down payment, you can easily set a maximum price as you search for a home. You will not waste countless hours looking at homes, only to find out afterwords that you cannot afford the mortgage.

In addition, the real estate agents will be willing to spend more time assisting you in your home search if they know you are pre-approved for a mortgage loan. Sellers will also be more motivated to work with you if they know you are able to afford their asking price. Sellers will also take any offer you make more seriously if they know you are pre-approved for a mortgage. Pre-approval is a big help to the seller and the Realtor, as well as the potential home buyer.

By completing the application below we can keep you the buyer in control and help you obtain the best price, term and conditions for your next home purchase.

Sincerely,

Dan Hazy