Did you know Pre-Approval is only one click away? The Naylor Team is here to assist. The mortgage business is not all about numbers and interest rates. It’s about people and their dreams. Don’t trust those dreams to just anyone. Denyse Naylor of The Naylor Team is here to help guide you to the right lender for you–one who will understand your financial position as you work through the mortgage process. Avoid the stress of multiple requests during the mortgage process by working with a trusted lender .
Discover How Pre-Approval is Only One Click Away
Here are a few tips to make make it easy:
- Pre-Approval is Only One Click Away. In today’s real estate market, most sellers expect buyers to have a pre-approval, and may only negotiate with people who have proof that they can obtain financing. And, buyers will learn the maximum amount they can borrow. They also have the opportunity to discuss financing options and budgeting with the lender. If there is any problem with their credit, they’ll get a heads-up about it. (For related reading, see A Guide to Buying a House in the U.S).
- Pre-qualification is the initial step in the mortgage process, and it’s generally fairly simple. To pre-qualify for a mortgage, you speak with a lender and provide information about your assets, income, and liabilities. Based on that information, the lender will estimate roughly how much money you can borrow. The process is informal and can be useful as an estimate of how much you can afford to spend on a home. However, because it’s a quick procedure based on the information you provide to the lender – your pre-qualified amount is not a sure thing; it’s simply the amount for which you might expect to be approved. For this reason, being a pre-qualified buyer doesn’t carry the same weight as being a pre-approved buyer who has been more thoroughly investigated.
- Pre-approval is when the lender checks your credit and verifies your financial and employment information and documentation; this not only confirms your ability to qualify for a mortgage but approves a specific loan amount (usually for a particular period, such as 90 days).
Pre-Approval IS Only One Click Away- Contact Denyse Naylor at (704)363-6946