First Time Home Buyers

Explore More Topics…

Why a PreApproval is Important

In this competitive housing market, realtors will often ask their clients for a "pre-approval letter" from a mortgage lender before the house hunting begins. This letter can be generated by your loan officer after a brief consultation to understand your particular financial needs. The letter from the loan officer will indicate the maximum loan amount that you are "pre-approved" for based on your income, credit score, monthly debts, and preferred down payment.

With so many buyers in the market, real estate agents request this letter for 2 reasons. First, it shows that you are serious about homeownership and have the right combination of credit, savings, and income to afford a new home. The letter also helps your agent to show you homes that make sense for your price range.

Click Apply Now, and choose the "Quick Application" to start your PreApproval!

Apply for a Loan Now!