Pre-approval
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I highly recommend that before you begin your house hunting or property search, you begin the loan pre-approval process. Getting pre-approved requires that a lender verify your financial information, and it serves as their commitment to lend a specified amount based on that information. It will give you a number of advantages:
First
When you find a property, sellers will take your offer more seriously given that you have a lender that has committed to backing your offer.
Second
It does give the assurance that you're looking at properties you can confidently afford to finance. Your efforts will be focused on properties that match your financing abilities.
Third
You'll have an edge over other buyers who aren't pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted and losing the property to another buyer.
I'm eager to help you get pre-approved through either a lender you have already chosen or one that I have experience in working with. If you're interested, we can begin immediately, just click here.