Get Pre-approved
Get Pre-approved
Getting pre-approved for a home loan is the first step in the loan process.
A pre-approval will tell you exactly what you can afford. More importantly, obtaining a pre-approval gives you leverage in the purchase transaction by strengthening your offer. Sellers like to see buyers who are pre-approved because it demonstrates you already have your financing in place and that you are a serious buyer. This gives the seller assurance that the transaction will go smoothly and will also save you valuable time closing your loan.
The pre-approval process involves three main steps:
- Filling out an application: The first thing you will need to do is fill out a loan application. When you are ready, you can complete an application with us directly through our easy and secure online application form. If you prefer, you can also start by contacting your mortgage loan originator directly or contact us today.
- Meet with your mortgage loan originator: Your mortgage loan originator will want to meet with you in person or over the phone to discuss your loan options and gather the necessary information. This will assist them in building the framework that will determine how much home you can afford. After you and your mortgage loan originator have reviewed your best loan options, you will receive a "good faith estimate" or GFE. A good faith estimate is a breakdown from the lender showing the costs associated with the loan.
- Pre-approval Letter: Based on the information you provided, your mortgage loan originator will submit your documentation for pre-approval. Once pre-approved, your mortgage loan originator will be able to provide you with a pre-approval letter. Most sellers require a pre-approval letter as part of the offer package.
To complete an online application and start the pre-approval process today, click here. If you are already working with a mortgage loan originator, you can apply online with them directly by visiting our directory.
