Let Me Earn Your (Pre-)Approval
Here’s How it Works
Step 1: Establishing Your Needs
Before we do anything else, I need to know about you. What are your goals, and what are you prepared to do to accomplish them? Do you want to:
- Save money in the long run?
- Reduce the interest you’ll pay?
- Get the lowest monthly payments possible?
We’ll also talk about what kind of a deposit you’re able to put down and other critical information. Then I’ll show you suitable mortgage options you’re likely to get approved for.
Step 2: Completing the Application
- Gather the required documentation
- Understand specific legal and financial terminology in your application
- Review the application before submitting to make sure nothing is missing
The required documentation for a mortgage application can be extensive, so getting support from a professional is vital if you want to make sure everything’s there. Luckily for you, I’ve done this before, and I know exactly what to look for.
Step 3: Pre-Approval & Beyond
- An appraisal
- Proof of income
- Proof of down payment
I’ll be available throughout the whole process—and will check in with you to ensure everything proceeds smoothly until the deal is done.
Got More Questions?
Why do I need a mortgage pre-approval?
How long does a mortgage pre-approval take?
What happens during pre-approval for a mortgage?
How much does it cost?
What will my mortgage rate be?
How much can I get for a mortgage?
- Your total gross household income per year
- How much debt you have (including consumer debt and other loans)
- How large your down payment is
- Your monthly condo fees (if you’re buying a condo)
Will I be approved if my credit score is low?
There are some mortgage options for borrowers with low credit scores, but these may come with higher interest rates and other less desirable terms because of the relatively high risk to the lender. When you contact me for help, we’ll discuss your credit score and how it can affect your mortgage pre-approval.
Why would a mortgage pre-approval be denied?
- A household income that does not meet the lender’s criteria
- A credit score that is too low
- Employment history that raises concerns for the lender and increases their risk
When you work with me, we’ll go over your information to look for these red flags. Together, we’ll ensure that you have the best chance of being pre-approved for the mortgage you want.