The Advantage Of Getting Pre-Approved

 

One of the best things you can do to

 

ensure you get the home you want is to

 

arrange for financing before you go

 

shopping. This is often referred to as

 

getting “pre-approved”.

 

Getting pre-approved simply means that

 

your lender has calculated how much of a

 

mortgage they’re willing to offer you,

 

depending on your down payment and

 

current financial situation.

 

There are two advantages to having a

 

pre-approved mortgage. First, you know

 

exactly what you can afford when

 

shopping for a new home. Second, when

 

you make an offer, you’re likely to be

 

taken more seriously.

 

Elizabeth Warberg

Elizabeth Warberg

Broker
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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