A verified pre-approval is a process where a lender evaluates your financial situation and determines the amount you are eligible to borrow for a home loan. This process is straightforward and can often be completed online with your chosen lender. Obtaining a verified pre-approval offers several advantages during the home-buying process. It signals to the seller that you are a qualified buyer, ensuring that you are considering homes within your budget. Additionally, having a verified pre-approval before making an offer places you ahead of the process and other potential buyers. This step helps you establish your budget and makes a seller more confident in choosing your offer.
What You Need To Know About Pre-Approval
Some Highlights
- Before you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage.
- Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your budget and makes your offer stand out for sellers.
- Connect with a trusted lender to get the process started.
About the Author
Jennifer Louden
The big question....
What can I do for you that is different than any other Realtor or Real Estate Broker? The answer is Personal Service.
I will work for you, at your comfort level, not pressuring you to look at, or buy homes that you are not interested in. Buyers, I will not entice you to overspend and be house poor. Sellers, you always choose your selling price. I will inform you of the current market and the trends that I see. I never make choices for you. I inform. All decisions are yours to make. I am only an extension of you, doing as you instruct. I will call you, text you or email you on a time schedule that you would prefer. Frequently if you desire; or not, depending on your requests. I will be working for you; and with you, doing my very best at all times.
My name is Jennifer Louden and I really enjoy helping you.