Get Pre-
approved
In a competitive market, having a mortgage pre-approval can give you a strong advantage. Here’s how it works:
1. Pre-Qualification:
A quick estimate of your borrowing power based on basic financial details.
Helps you determine an approximate price range for home shopping.
2. Pre-Approval:
A detailed financial evaluation where lenders verify your income, credit score, assets, and debts.
Strengthens your negotiating power with sellers and speeds up the mortgage process.
A pre-approval from a lender increases your chances of securing your dream home, as sellers prefer buyers who are financially prepared.
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