Getting Pre-Approved | Mortgage Loan Insurance | Credit Scores

Getting Pre-Approved

A pre-approval shows your realtor or homebuilder you are a serious buyer. Once you start searching for your home, it will enable you to negotiate a better price with the seller.
The process of getting pre-approved will vary slightly by lender, but will typically require you submit a loan application.

Your Lender Will Need An Application in Order to:

• Pull your credit report
• Determine the amount of home you can afford
• Determine your likelihood of gaining a full approval
• Determine what rate you are eligible for