Know what to expect and when, while obtaining financing for a home, the first step in getting Pre-approved with your Lender.
Stage 1: Get Pre-Approved:
What You Need to Do – You will have a discussion with your Lender and be providing them with Preliminary Documents.
How Long Will It Take? – The discussion will take 10-15 minutes and shortly after your documents are received, you will be issued a loan pre-qualification letter.
What’s Happening Behind The Scenes – Your credit and documents provided will be reviewed to be sure you qualify for the loan. You will then be notified how much you can borrow.
Easy eh? Like us on Facebook to find out more about Loan Processing and Purchasing a Home. You’ll be surprised how easy!