• Pre-Approval

  • The pre-approval is the first step in the home buying process. The pre-approval process begins with a discussion about your home buying needs and wants. We will work through a mortgage application and answer all of your questions.

    A pre-approval will accomplish the following:

    • Lock in an interest rate for 120 days
    • Determine the mortgage amount you will qualify for
    • Determine the monthly payment that you are most comfortable with

    The pre-approval process will provide you with a good overview of what to expect throughout the entire home buying process. If for any reason you do not yet qualify for a mortgage, any issues would be brought to light during the pre-approval process. This ensures you can take care of any issues before you take the next step of making an offer to purchase a home.

    It is important to note that the pre-approval does not guarantee you will be approved for mortgage financing. Banks/lenders do not do their full underwriting until you have a real offer to purchase in place. It is at that time that you will obtain the true mortgage financing.

    If you would like to get your pre-approval started, please click here. Alternatively, please contact Mitch to setup a meeting and work through the pre-approval in person.