The home buying process can rattle the nerves of even the calmest people.  It’s an emotional rollercoaster tied to a financial and pragmatic process which can turn the dream of owning a home into a nightmare.  

One of the best ways to reduce home buying stress is to get pre-approved for your loan before you begin the house hunt.  Being pre-approved allows you the comfort and luxury to search for the perfect home knowing that when you find it, you’ll be approved for financing. 

There are other benefits of being pre-approved before you house hunt:

• Sellers may give you preferential treatment knowing that you can finance the purchase.  In the event of a bidding war, sellers may look upon your application favorably versus another buyer who hasn’t secured financing.
• During a fluctuating rate environment, you can lock in a lower rate if you are pre-approved ,the moment you have a signed purchase contract, which could save you thousands of dollars during the life of the loan. 
• Being pre-approved reduces credit surprises.  If you wait until the last minute to secure financing and find that you have a few issues that need to be resolved with your credit, you could miss an opportunity to purchase your dream home.  Get pre-approved, deal with any surprises and then look for the perfect home.
• You’ll have a concrete idea of how much you can afford if you are pre-approved.  Once you know exactly how much you can afford, you can search for homes within your price range and not fall in love with a home out of reach. 

We can assist you with every step of the pre-approval process and get you on your way to homeownership.  Contact the mortgage team today at Call us at 800-466-LOAN or send an contact us using our easy online form.

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