Getting A Pre-Approved Mortgage

Shopping for your new home is easier with the piece of mind provided by a mortgage pre-approval. A mortgage pre-approval is like applying for the mortgage itself, but it ties the lender, and not you, to the rate they have provided for up to 120 days.  Do not confuse a rate hold/pre-approval with a pre-qualification! When you are pre-qualified you have given me all of the documentation supporting your application information including your down payment and income verification – once this documentation has been submitted to me and subsequently the lender and received the approval of the lender, then it is only the efficacy of the property that needs verification; you are done!

During mortgage pre-approval, your credit history and income will be reviewed. If satisfactory to the lender, a mortgage pre-approval is granted for a specific amount, mortgage rate and term, subject to providing verification of income, down payment, and any other conditions the lender requires. It is always wise to still include a “subject to financing” clause in your real estate offer, to protect yourself against unforeseen issues. Apply for your mortgage using my secure and confidential online application that can be emailed or faxed to me so that I can get started on assessing your data and come to our first meeting prepared or call me anytime for mortgage pre-approval and mortgage advice.