Getting pre-approved is crucial if you're to buy a home this year.

When you are planning to buy a home, you may need to finance your purchase with a mortgage loan. To do this, you need to obtain mortgage preapproval from a lender. The lender will check your finances and determine how much you can borrow. Preapproval can be very helpful when making competitive offers on homes that you are interested in. By preparing for the preapproval process, you can avoid many common roadblocks and delays that other home buyers often encounter when applying for a mortgage.

Apply Now to Get Approved for a Home Loan

Looking to buy a home? Getting pre-approved is essential.

Getting pre-approved is crucial for knowing what type of home you can afford. The mortgage lender will use details you provide about your credit, income, assets, and debts to estimate how much mortgage you can afford.

Nowadays, most sellers will NOT accept an offer without at least a preapproval letter. If you are serious about buying, this is the first step towards getting you into your new home.

Ready to begin the home-buying journey? Let me know, and I will guide you through the process. Get in Touch

 

Eric Slifkin, a Broker Associate, founded the Slifkin Team at Keller Williams Realty. Eric and his team of experienced agents serve South Florida and the Treasure Coast, including  Stuart, Port Saint Lucie, and the Palm Beaches.