Get Pre-Approved for Your Home Loan

Why Get Pre-Approved for a Mortgage?

If you're serious about buying homes for sale, getting pre-approved is your first and most important step. A mortgage pre-approval shows sellers you're a qualified buyer and gives you a competitive edge's real estate market.

Benefits of Mortgage Pre-Approval

• Know Your Budget - Understand exactly how much you can afford before you start shopping
• Stronger Offers - Sellers take your offer seriously when backed by pre-approval
• Faster Closing - Much of the paperwork is already complete
• Better Negotiating - Shop with confidence knowing your financing is secured
• Identify Issues Early - Address any credit or documentation concerns upfront
• Rate Lock Option - Ability to lock in favorable rates early

Pre-Approval vs. Pre-Qualification: What's the Difference?

What You Need to Get Pre-Approved

Getting pre-approved is easier than you think! Here's what you'll need:

• Proof of Income - Recent pay stubs (last 30 days), W-2s (last 2 years)
• Tax Returns - Last 2 years (if self-employed or commissioned)
• Bank Statements - Last 2 months for all accounts
• ID & Social Security - Driver's license and SSN for credit check
• Employment Verification - Contact info for your employer
• Asset Documentation - 401k, IRA, investment accounts

The Pre-Approval Process

1. Initial Consultation

   We'll discuss your financial situation, homebuying goals, and preferred neighborhoods.

2. Complete Application

   Fill out the mortgage application online or in person. Takes about 30 minutes.

3. Submit Documentation

   Provide required documents securely online or via email.

4. Credit & Income Verification

   I'll review your credit report and verify income and assets.

5. Receive Pre-Approval Letter

   Get your official pre-approval letter typically within 24-48 hours!

6. Start House Hunting

   Shop confidently for homes knowing your budget and financing are ready!

Using Your Pre-Approval to Buy

Once you're pre-approved, you're ready to work with real estate agents to find a real estate agent who knows the local market. Your pre-approval gives you:

• Credibility with sellers and listing agents
• Clear understanding of your price range
• Ability to act quickly on houses for sale
• Negotiating power in competitive situations
• Faster path to closing

How Long is Pre-Approval Valid?

Most pre-approvals are valid for 60-90 days. If your home search takes longer, I can easily update your pre-approval. Your credit will not be re-checked unless significant time has passed or your financial situation changes.

What Happens After Pre-Approval?

After receiving your pre-approval:

1. Start Shopping - Look at homes for sale within your approved price range
2. Make an Offer - Submit your pre-approval letter with your offer
3. Go Under Contract - Once accepted, we'll move to full approval
4. Complete Final Steps - Home inspection, appraisal, final underwriting
5. Close on Your Home - Get your keys and move in!

Pre-Approval Tips for Buyers

• Don't Make Large Purchases - Avoid financing cars, furniture, or other big items during your home search
• Maintain Employment - Don't change jobs if possible; if you must, let me know immediately
• Keep Finances Stable - Maintain account balances and avoid opening new credit
• Stay in Touch - Update me on your house-hunting progress
• Ask Questions - I'm here to help throughout your entire journey

Frequently Asked Questions