Consulting with a loan officer early in the home-buying process is crucial. The pre-approval process will help you understand your budget and help you identify homes.
Save valuable time by focusing on homes within your budget. With a clear understanding of the mortgage amount you can secure, you can confidently target properties that align with your financial goals.
Sellers favor buyers with “assured” financing. A pre-approval signals to sellers that your offer is solid, giving you a competitive edge in negotiations.
The pre-approval process expedites your final loan approval. By obtaining essential documentation early, we ensure a faster processing of your mortgage request, putting you on the fast track to homeownership.
Know exactly what you can afford, eliminating concerns about loan approval. Enjoy peace of mind throughout the home-buying process.
The pre-approval process is straightforward and risk-free. This initial step not only clarifies your affordable home range but also demonstrates how you can optimize financing, ultimately benefiting your real estate journey.
To kickstart the pre-approval process, answer a few questions and provide your loan officer with personal and financial details for credit report access. Once your credit report is accessed, you’ll receive your pre-approval status.
Look forward to receiving a pre-approval letter, confirming the lender’s review of your credit report, income requirements, and cash to close. This letter pre-approves you for the loan, pending an acceptable property appraisal.
After pre-qualification and filling out your loan application, your Loan Officer will provide a detailed overview of upfront expenses. Your credit profile will be reviewed based on the credit report and personal credit information you supply.
Contact Sea Glass to get started on your home search.
*Pre-approval is conditional. For any inquiries, contact your loan officer.