Benefits of Pre-Approval

What does mortgage pre-approval mean? It means a lender has guaranteed to give you a home loan. Getting pre-approved for a mortgage before you make an offer on a house can help you stand out from the sea of other home buyers in a competitive housing market.

Benefits of Getting Pre-Approved

Get Pre-Approved 

Getting Pre-Approved is by far the first step in purchasing a new home.

Get Fully Underwritten

You'll get fully underwritten within a few days.

Bargaining Power

Gain bargaining power when you work with our purchase loan specialists!

Down Payment Options

The “Down Payment Requirements”  touches the minimum down payment needed for conventional loans (Fannie Mae & Freddie Mac), as well as some of the available alternatives with non-conventional (FHA & Portfolio loans) programs.

For example, you can purchase a single-family home or condominium with as little as a 1.0% down payment.  But there is a price for lower down payment: mortgage insurance (often called PMI, aka private mortgage insurance).


Private Mortgage Insurance

Private Mortgage Insurance or PMI is required when the loan amount is MORE than 80% of the purchase price. The lower the down payment the higher the mortgage insurance premium charged.

Military veterans who qualify for a VA loan have the easiest route to buying a home, with the need for NO money down.  VA loans can provide up to 100% financing for qualified military personnel and veterans and requires NO monthly mortgage insurance premium.

The bottom line is that regardless of your credit and income situation, you actually have different down payment options to purchase a home.

Home Purchase Financing

Purchasing a new home is a very exciting time and we are grateful for the opportunity to be part of what will be a wonderful memory.

Home Loan Financing with us means a mortgage that closes on time, without the hassle.  

You Get to Choose

Whether you are a first-time buyer or an experienced homeowner, purchasing a new home can be a stressful process.  We take the stress off your shoulders and walk you through the process, every step of the way! You deserve the ability to choose the interest rate, monthly payment and term options that are best for your personal situation.  

Let's Talk

Ready to talk?

 Fill out this form to get in contact with a member from our team.

We are just a call away.

By clicking Submit, you agree to our Terms.
View Our TOS and Privacy Policy

Thank you!

Thank you for reaching out. A member from our team will be in contact with you shortly. In the meantime, take a moment to read what our clients are saying about us.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info