A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

2 Comments / Anne Arundel County, Arlington County, Fairfax County, First Time Home Buyers, For Buyers, Howard County, Infographics, Montgomery County, Move-Up Buyers, Prince Georges County, Prince William County, Stafford County / By / / #buyyourhome, #family, #homebuying, #homeselling, #investinrealestate, #investment, #luisahomejourney, #realestate, #realtor, #realtorlife, #remax, #remaxhustle, #sellyourhome, #topproducer

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC] | Simplifying The Market

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
  • Connect with a trusted professional to learn more and start your homebuying process today.

Content previously posted on Keeping Current Matters

Share
Pin
Tweet
Share
0 Shares

2 thoughts on “A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]”

  1. Homejourney

    Many buyers do not understand how critical this step is. Looking at homes can be taxing when you know what you can afford; it’s more stressful when you are guessing if the monthly payment will be affordable. Het approved and avoid unnecessary stress.

  2. Homejourney

    Buying without an approval letter can also mislead you and your buying power. Lenders need to evaluate your income, as well as your credit score and history. They all affect your buying power.

Comments are closed.