Why Spring Buyers Can’t Afford to Skip Pre-Approval


Spring is here, and with it comes the busiest time in real estate. More buyers are out searching for homes, which means more competition. To stay ahead, one thing you can't skip is getting pre-approved for a mortgage.

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What Is Pre-Approval?

Pre-approval tells you how much a lender is willing to lend you for a mortgage. The lender reviews your financial history, including:


Once approved, you’ll receive a pre-approval letter outlining your loan amount, giving you confidence when house hunting.

 

The Power of Pre-Approval



 


Posted by Dan Kennedy on

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