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The Pre-Approval

How a Mortgage Pre-Approval Benefits You

THE PRE-APPROVAL

  • TIME TO PREPARE
    Pre-Approval gives a buyer time to evaluate financing options available and decide on the best solution, as well as put in place a budget for new home ownership.
  • STRENGTH TO NEGOTIATE
    A buyer with pre-approved financing has increased power to negotiate an offer to purchase, because sellers and real estate professionals take those offers more seriously.
  • FASTER CLOSINGS
    Closings can be written in a contract sooner because the pre-approval is in place. A quick closing is attractive to both the seller and real estate professionals involved.
  • EASIER PROCESS
    The overall process is quicker, smoother and less stressful for all parties involved, because financing is done up front. Being prepared financially will allow you to concentrate on finding the right home.