Get Pre-Approved

Wondering if it's worth it to get your finances in order before you start house shopping? Here's 5 reasons why you should: 

1. You’re a more powerful buyer
   Real estate agents and sellers will see you as a serious buyer when you have the backing of a lender. Pre-approval means a lender has looked at your financial background and determined how much home you can afford.
2. Save yourself some time
   Getting pre-approved can also save you valuable time by identifying how much you can afford, so you can target your home search to your price level. This also allows you to focus on the features of the home rather than worrying about the price tag.
3. Better bargaining power
   With a pre-approval letter in hand, you will likely have more negotiating power because sellers and real estate agents know that you have already talked to a lender and you mean business.
4. Reduce surprises
   Talking to any one of my preferred partner loan originator before finding your perfect home can help ensure you’re not surprised when it’s time to make an offer. Getting your ducks in a row early will leave little room for unexpected surprises - such as a low credit score or a less than desirable debt-to-income ratio - when you find the home you've been looking for.
5. Enjoy shorter closing periods
   A pre-approval can help to speed up the closing process, since much of your financial information is already collected and in the lender’s system.