Pre-approval, as opposed to pre-qualification, signifies that the loan application has been taken through a rigorous procedure. Here's why pre-approved buyers are ahead in the home buying game:
If you make an offer on a home and then apply for a loan, you are at the lender’s mercy, who is aware that you do not have time to shop around.
Pre-approval saves time spent looking at houses you can’t afford.
A pre-approval letter from a lender gives you an edge when multiple offers have been made on a house.
Pre-approved buyers can generally close escrow more quickly, since most of the work has already been done.
If you have trouble finding time to call a lender due to your busy schedule. I have a solution for you.
Kristine Brown is available to help evenings and weekends. You can call her anytime and she can provide you a letter over the telephone.
She is one of a select few that has been in the business for 25 plus years and is available anytime to help with your lending needs.
Call her at your convenience. Her information is listed below.
Kristine Brown 706-836-4132.