Pre-Approval For a Home Loan
What is a Pre-Approval?
Pre-Approval is an evaluation, underwriting of your credit financial information in order to determine your eligibility for financing, loan amount and monthly payment. We conduct preliminary thorough analysis and base our decisions on your credit, income, employment history, available funds for closing and type of the property you are purchasing. The pre-approval process is a standard part of any loan approval, and if done in advance, would expedite your final loan approval and closing.
Once you are pre-approved, and you've started the process of purchasing the house, we provide you and your real estate agent with a Pre-Approval Letter. It will make easier for your real estate agent to negotiate with the seller or the seller's agent on your behalf. In addition, it is very important for the seller and his agent to know that you are pre-approved for financing and can close the transaction.
*Pre-Approval is not a loan approval or commitment to lend, and may be changed or cancelled according to the additional or different information provided with actual loan application that cannot meet applicable underwriting requirements.
To request a pre-approval please contact us.
Feel free to contact us for a no obligation consultation. We will gladly assist you with all your questions and concerns.
Our mission is to provide the best rates and service for each and every client!