Home > Blogs > Florida > Lee County > Bonita Springs > Have You Been PRE - APPROVED YET?
59,694 views

Debra McAlister-Brown's Blog

Selling the Lifestyle of Southwest Florida

By Debra McAlister-Brown, P.A. | Agent in Estero, FL

Have You Been PRE - APPROVED YET?

Pre-qualification and pre-approval are two of the most important steps you can take towards owning a new home. Obtaining both pre-qualification and pre-approval allows you to begin searching for a new home with your potential loan established and accepted in advance.

Pre-Qualification

Pre-qualification is the first step to securing financing.  Pre-qualification is quick and involves answering only a few questions about your income, existing debt and accumulated savings. It is also important that we discuss your long-term financial objectives. With so many loan options available, we want to select the one that meets your goals. Begin to determine which loans are the best candidates for your current financial situation and long-term objectives.

Pre-Approval

Pre-approval occurs immediately after  determining  which loan program would fit you best. This is written documentation showing that a lender will fully support and endorse you for a loan amount established by the underwriter. 

With a pre-approval you have  strong negotiating power because the seller will take your offer more seriously. A lender's pre-approval will often convince the sellers to accept a lower offer for the home because they know the financing is in place and the deal is safe.

Secure Pre - APPROVAL today and start shopping 

Debra McAlister-Brown, P.A., CDPE, SFR, RSPS, PMN, WCR, CIPS, CREN

International Luxury Home Marketing Specialist

Florida Home Realty

239-898-9933 

http://www.DebraSellsFlorida.com


POST
 
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer