Getting a mortgage can be difficult these days. So when shopping for a new home, it helps to be Pre-Approved before you start your search or make an offer to a seller.
A Pre-Approved mortgage means that a lender has already reviewed your income, credit and assets to verify that you can qualify for the mortgage you’re seeking. It shows a seller that you’re serious about buying a home and can deliver on your purchase offer, which puts you in a better position to negotiate.
Getting Pre-Approved means you’ve passed a higher level of lender scrutiny than someone who’s simply been Pre-Qualified. The latter simply means the lender thinks you ought be able to qualify for a mortgage, based on your finances as you describe them. A Pre-Approval means the lender has confirmed it.
At Chicago's Mortgage Choice our team is committed to providing our clients with the highest quality financial services combined with the lowest rates available in your area.
Call us Today 773-529-7000
www.ChicagosMortgageChoice.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment