Have you ever been at the check-out counter ready to buy something you really want... only to realize that you forgot your wallet in the car?
NOT being pre-approved is something like that... except that the inconvenience of forgetting to remember the money/finance part can lead to much greater disappointment over NOT being able to buy the perfect home, not being able to obtain your first rental property OR not being able to obtain home equity funds that could consolidate and pay off stressful debts.
“Get pre-approved” tends to be the buzz phrase nowadays, and has been for years ever since tighter regulations and stricter criteria came into play for the real estate industry due to economic changes worldwide. In fact, the rules are still constantly changing and to be able to know how to work and qualify within those rules at any given time depends on who you trust and work with as your mortgage expert.
GETTING A SOLID PRE-APPROVAL CAN:
1. Give you a clear idea of what purchase price and mortgage loan amount you can afford.
2. Prepare you for what mortgage lenders and insurers will require from you.
3. Simplify the overall mortgage financing process and decrease stress.
The KEY thing to keep in mind is that NOT all “pre-approvals” are created equal.
HOW CAN YOU ENSURE THAT YOUR PRE-APPROVAL IS SOLID?
Let us carry out a full, comprehensive pre-approval for you (FREE of charge) and you will experience the difference.