One of the best things you can do to ensure you get the home you want is to arrange for financing before you go shopping. This is often referred to as getting “pre-approved”.
Getting pre-approved simply means that your lender has calculated how much of a mortgage they’re willing to offer you, depending on your down payment and current financial situation.
There are two advantages to having a pre-approved mortgage:
- First, you know exactly what you can afford when shopping for a new home.
- Second, when you make an offer, you’re likely to be taken more seriously.
We’d be happy to refer you to the lenders we love. Give us a call today or sign up for our monthly Email Update for more information about buying/selling your home and other real estate tips and tricks.
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