Nothing could more negatively affect an offer to purchase more than not having a pre-qualified letter of approval from a qualified lending institution. Be prepared. See us before you begin shopping or call us and we will assist you in getting Pre-Approved for a mortgage loan.
Why Should I Get Pre-Approved Before Shopping?
When you find the home you want, you’ll be happy that you’re pre-approved because it gives you an advantage over other “shoppers” when it comes time to make an offer. Remember, the pre-approval process does not commit you with that bank, but it does show the seller(s) that you are serious and financially capable to own the home.
For example, if you were selling your house and had two equal offers that were acceptable to you, but one buyer has a letter of approval from the mortgage bank and the other buyer does not, who’s offer would you take? The answer is clear, isn’t it?
Credit Problems? Don’t Worry!
No matter what your credit problems are, there are diverse programs available today from many lenders. There are conforming and non-conforming programs that enable you to receive the funds necessary to purchase the home you want. Give us a call at (718) 268-9000 and we’ll help you understand the process you’re about to get involved in. We’ll be with you every step of the way!
Once You Get Pre-Approved, the Search Begins…
Go ahead and shop for the right home for you. Once you find it, you’ll present an offer that will get you the home. Then you’re on your way to OWNING the home. It’s that simple when you’re prepared.
Times may change, but the old adage still applies: “The early bird gets the worm!”