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The Value of Pre-approval

The Value of Pre-approval

If you're thinking about buying a home, it helps to know just how much you can afford before starting your search. A loan pre-approval decision can help ensure a simpler home-buying experience from start to finish.

The loan pre-approval decision process is a preliminary evaluation of your financial status that does not include a loan commitment. If you qualify, you will receive a pre-approval letter that indicates the amount of financing you have been pre-approved for, subject to a complete underwriting review.

A pre-approval decision letter gives potential homebuyers confidence: with the letter in hand, you’ll know just how much you can afford as you search for your dream home. Additionally, many real estate agents will ask that you get pre-approved before you begin working with them, so they can show you homes that suit your approved budget.

Call (800) 210-8849 to get started with the loan pre-approval decision process or for more information.