Getting Pre-Approved for a Loan 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 counter tops, 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 finanical move you could make. Qualified or Approved?Red Wagon Team Home Buyer's GuideResources Should You Be Pre-Qualified of Pre-Approved? Pre-Qualification letters are given as informal and tentative approvals for buyers; however, they would have NOT 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. 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. Address & Phone Jay Valento Realty ONE Group, Inc. Southern California, (562) 413-7655 or (800) 300-6126 Map Location Contact By Email Message Name* Email* Phone* Message Send Real Estate IDX Powered by iHomefinder Red Wagon Team Home Buyer’s Guide Find out what you really qualify for first before you spend a lot of time searching online or driving by open houses. Always be prepared. After you talk to a loan officier, then let’s meet and develop a plan to find you a home that fits your requirements and lifestyle. Plus, you will receive a free copy of our popular “Red Wagon Team Home Buyer’s Guide“. The 50 page guide is load with tips, strategies and wisdom in investing in real estate. Being pre-approved for a loan gives you an advantage over other buyers in the offer phase on a property. Fill out the form below and we will have a lender contact you to discuss the different loan programs and options for you. Other Real Estate Information Factors That Determine Loan Approval Real Estate Adivce and Tips The importance of a Buyer Consultation By submitting this form with your telephone number you are consenting for ONE lender from either Skyline Mortgage, Bixby Knolls Mortgage or Cherry Creek Mortgage to contact you for financing. Jay Valento, Your California Realtor® & Team Leader of The Red Wagon Team 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”.