Obtain the Best Rates & Lowest Closing Costs

When you’re ready to purchase a home, getting pre-approved for a mortgage makes sense to negotiate from a strong position. In a competitive real estate market, sellers can be more selective with the buyers they choose.

Most buyers go about the process wrong, putting themselves at a disadvantage.

Why Getting Pre-Approved for a Mortgage Matters?

Let’s look at it from the seller’s perspective. If you were the seller with multiple offers, would you accept the one with a Certificate of Financing Approval or the one conditional on financing? The answer is obvious. Yet, many buyers wait to start financing until after finding a home.

Understanding the Benefits of Pre-Approval

Even though most people will eventually be approved, having a Certificate of Financing Approval gives the seller confidence. It increases the chance they’ll accept your offer over competing ones that still need financing approval.

Lastly, from a cost-saving perspective, starting financing early helps. You can lock in your interest rate and estimate points and closing costs. Buyers who delay financing often overpay due to time constraints.

Steps to Get Pre-Approved for a Mortgage

If you want to get pre-approved, complete the form on this page. Your information will be forwarded to a certified mortgage professional who can help you find the best mortgage rate and lowest closing costs possible.

If you want to learn more about making your next move seamless, visit our trade-up guide.