We work with the most experienced, highly-rated mortgage lenders around. Click below to request an introduction.
What does pre-approval mean?
Pre-approval is the process by which a bank or lender evaluates your finances and credit history to determine if you are eligible for a mortgage. If you qualify, you will receive a pre-approval letter, which shows how much you can afford.
Why is pre-approval important?
In competitive markets, it's important for buyers to be pre-approved so that they can act quickly when they find the right home. Sellers expect buyers to be pre-approved to ensure that the deal won’t fall through due to financing issues.
What do I need to get pre-approved?
In order to get pre-approved, a lender will request the following:
Other resources related to pre-approval: