Why Pre-Approval Is a Game Changer for Homebuyers

  • Dennis Hartley
  • 07/20/22

Pre-approval is an indication from your lender that they are wiling to lend you a certain amount of money to buy your future home.

Is this still important in today’s shifting market? It certainly is, and here’s why:

Getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways.

Financial and Real Estate experts agree that pre-approval from a lender:

  • Helps you understand your true price range and how much money you can borrow for your loan;
  • Makes it easier when you set out to search for homes;
  • Helps tremendously once it’s time to submit an offer on the home of your dreams;
  • Lets the seller know that you’re qualified to buy their house, as most sellers won’t even consider an offer unless the buyer is pre-approved at the right price point.

Every advantage you can gain as a buyer is crucial in a market that’s constantly changing. Expert guidance to navigate these waters requires a team of professionals - such as an experienced real estate pro and trusted lender - on your side. They’ll help make sure you’re ready to put your best foot forward.

Photo by Timothy Buck on Unsplash

 

Work With Dennis

With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.