Financing Tips

Before You Buy, Get Pre-Approved

Have you ever noticed that the best deals in all walks of life are for cash buyers? In today's society people are always in a hurry for a sale. Most people will discount the sales price on their goods for cash. When looking for a home, the cash buyer will always get the better price.

Are you reading this and saying, why am I wasting my time reading this? I'm not a cash buyer.

You can be. Before you look at even one home for sale, get your mortgage loan approved. That's right, get your home loan before you even find a home. A mortgage professional will be able to determine the most you can afford to spend on a home. With this information, you can get your loan approved subject to finding a home. Once your loan has been approved, your negotiating attitude for a home will change. You are now a cash buyer! Does it sound simple? It is!

We believe that by getting pre-approved for a loan, you avoid wasting your time and money. Before you even spend a dime, one of our loan consultants will review your documentation and discuss your financing needs. Once we feel confident that your loan application will be approved, the next step is to obtain a written loan commitment. The cost for this is approximately $60.00. This cost covers a full credit report, photocopies and mailing fees. In about 2 weeks you too will be a cash buyer.