If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more complete verification prior to sending you shopping for a home, and with that done, the dollar figure you are going shopping with is actually what you can spend.
I will work with you to get pre-approved, it as quick as 30 seconds…and if you are on computer device you can do it yourself online as well. I will let you know for certain what you can afford based on lender and insurer criteria, and what your payments on a specific mortgage will be based on information you provide to us in the initial application.
Brokers for Life can lock-in an interest rate for you for anywhere from 60 – 120 days while you shop for your perfect home. By locking in an interest rate, you are guaranteed to get a mortgage for at least that rate or better. If interest rates drop, your locked-in rate will drop as well. However, if the interest rates go up, your locked-in interest rate will not, ensuring you get the best rate throughout the mortgage pre-approval process.
In order to get Pre-Qualified for a mortgage, this is where I will need all required documentation & credit consent for a Credit Check. This way you will know that with the exact information you have provided you would be Pre-Qualified to go shopping with confidence! I also provide you a certificate with this information so that you have it to give to you Realtor or Home Builder when you are searching for the property or you found the one you want to offer on.
Pre Qualified takes a bit longer than the quick Pre Approval…. but it will leave you feeling more secure with your future offer & help make the actual approval process a breeze!