Getting pre-approved for a home loan is one of the most important things to do before you start searching for a house or condo. While most of us have spent a great deal of time imagining our dream home; the yard full of roses encased by a white picket fence, the elegant staircase climbing around and around, the large kitchen with marble countertops, the master bath with it’s Spa tub surrounded by candles, and the waterfall pouring gracefully into the marvelous clear blue pool and an ocean view….
The loan is really one of the critical pieces of the home buying process. Get it done first. It will end up saving you hours of time searching for a home online and in person when you know how much you qualify for.
Lending has changed in the past few years. Wow…unbelievable changes. So, taking this step is the best financial move you could make.
Should You Be Pre-Qualified of Pre-Approved?
- Pre-Qualification letters are given as informal and tentative approvals for buyers; however, they would NOT have verified the accuracy of your information.
- Pre-Approval letters are formal agreements and offer buyers’ a guarantee of loan approval for a specific amount. The financial institution issuing such a letter may or may not charge for this service. They will verify credit history, employment status, assets and liabilities to help determine the amount of credit they are able to offer.If you are a serious buyer, this is the suggested “pre” letter to obtain FIRST before you view homes for sale.
Get Pre-Approved Before You Look at Homes
We can have a local loan officer or mortgage broker contact you to assist you with this process. Fill out the quick form below and we will have someone contact you today.
By submitting this form with your telephone number you are consenting for ONE lender from either Skyline Mortgage, Bixby Knolls Mortgage or Movement Mortgage to contact you for financing. Jay Valento, Your California Realtor® Realty ONE Group may contact you even if your name is on a Federal or State “Do not call List”. When you have questions, call Jay at 562-413-7655.
Thank you for submitting your information. We will be in contact with you by phone or email.
- Getting Pre-Approved for a Loan today and then you have an advantage over other home buyers that are just “pre-qualified”.