If you need assistance, please call 770-744-1344

How Pre-Approval Really Works

Wednesday, August 9, 2017   /   by Sherry Kwintner

How Pre-Approval Really Works

Of all the steps that go into the process of buying a home, the pre-approval is one of the most important. 

So, what does pre-approval actually mean? 

For pre-approval , you first speak to a lender for a pre-qualification letter based on your finances—which will be indicative of your ability to buy a home. 

Our current market holds a wealth of opportunities due to low interest rates, but before even starting your car to go look at homes you should thoroughly understand your buying power. 

A good place to start is by talking to your lender about your monthly budget. Obtaining the help of a professional, you will be able to develop a personalized plan before moving forward with your purchase.

But choosing the right lender is as important as any of these other steps. Talk to your real estate agent to find out which lenders they might recommend. 

Having an agent and a lender who understands you, your financial needs, and your goals will be critical to your success in today’s competitive marketplace. 

If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
Keller Williams North Atlanta
Sells Strong Team
706 Poplar Way
Canton, GA 30115

Last updated February 25, 2024
FMLS logoListings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.

DMCA Notice

First Multiple Listing Service, Inc. Last updated February 25, 2024.

This site powered by CINC: www.cincpro.com