12/20/2022
THE 5 THINGS YOU NEED TO GET PRE-APPROVED
In this competitive market, your home search should start in a lender's office, not at an open house. Don't get me wrong -- I love it when my clients go to open houses to explore local homes to get a better sense of their wants vs. their needs. But if you do find that dream home when you're casually searching, most sellers expect buyers to have pre-approval letters and will be more willing to negotiate if you do. Sometimes, sellers won't even review an offer that doesn't have a pre-approval letter.
Here's what you'll need:
➡️ Proof of income
➡️ Proof of assets
➡️ Good credit
➡️ Verification of employment
➡️ Explanation of any debt
If you're ready to start the process, let me know and I can refer you to a few of my trusted lenders.