There are many reasons why you should get pre-approved. The most important reason is that you will get an accurate idea of how much you can afford. This can help to target your home search and ensure you only look at houses that are truly in your price range. Get prequalified for a mortgage loan so you’ll have a better idea how much you can borrow for a mortgage.
A mortgage pre-approval is a written statement from a lender that signifies a home-buyers qualification. A pre approval letter also helps you prove to real estate agents and sellers that you’re a credible buyer and able to act fast when you find the home you want to buy. A pre-approval letter can make you stand our in a competitive real estate market. Be sure to ask your lender for tips on how you can improve your chances of qualifying for a loan.
To get started simply CLICK HERE and our very own Ashley Weaver with San Joaquin Valley Mortgage can pre qualify you within minutes.