Pre-Approval and Home Ownership
If you are not able to purchase a home with cash, you will need to borrow funds. In order to borrow, you must first be pre-approved. This means that a lender feels that a potential borrower is credit worthy enough to be approved for a certain credit product. Getting pre-approved is the first step in borrowing money to purchase a home.
Please be aware that a pre-approval alone creates no obligation whatsoever on the lender to secure a loan, and gives no rights to the the potential borrower. It is just a phrase used to mean that a potential home buyer has already passed the approval process. There are many things that need to be achieved before actually securing a loan.
A pre-approval can help you determine what range of money you will be able to borrow. This helps you narrow your home search.
Please fill out the form below and it will be sent to a professional Realtor who has solid, working connections with trusted lenders that will get your home buying journey started.
Fill out this simple PRE-APPROVAL FORM and it will be sent to a professional Realtor who can give you a choice of qualified, experienced, quality lenders.