Home shoppers need to know one thing – their mortgage on a new home purchase is the most important piece of information that they need to secure when shopping for a home. It may sound counterintuitive at first – don’t you need to get a mortgage for the home you want? Well, not really. Find your mortgage and then your home is sound advice for shoppers.
You’re going to need to shop for the home that you can afford, and that can only be truly found by getting a pre-approval from a strong mortgage lender. You need to have an idea on your budget that mortgage calculators can’t always give you. You can look into how much payment you can afford every month, but without a pre-approval, you don’t know if you can really get a mortgage for that much money.
Without a pre-approval letter, not only are you negotiating blind, but in a bit of bad faith, since you don’t know if you can actually back up your offer. You are less likely to have your offer accepted, as the seller knows that an offer without a pre-approval is just a piece of paper.
You have to have the certainty that comes with a mortgage pre-approval to be a serious buyer.
Don’t be the only offer on the table, and the only family at the open house without the assurance of a pre-approval.
The Home Loan Expert team can get you pre-approved the day you call in, and help you buy the home of your dreams with step-by-step help along the whole home buying journey.
Call The Home Loan Expert Team in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515, Nashville at (615) 810-8555 or Birmingham, AL at (205)721-7656. You can always apply online at hero.loan for your VA Loan, and www.thehomeloanexpert.com for your other mortgage needs, and we’re also open on Saturdays and will come to you to help close your loan. We work hard to make it easy on you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?