25 Mar

Write an Offer with Confidence: Get Pre-Approved for a Mortgage Before you Shop!!

General

Posted by: Sarah Boudreau

A mortgage pre-approval should be your first step when you are considering purchasing a home, whether it is your first home or fiftieth. A Jencor Mortgage Advisor will be happy assist you with this so that you are prepared when the right home comes along. With a pre-approval, you will:

  • Know your Budget: Determining what you can afford and qualify to pay on a monthly basis will help determine the price point of homes you should be looking at.
  • Have your Paperwork in Order: We will collect and review the bulk of the paperwork that the lenders will require from you up front, so that there are no big surprises later.
  • Hold an Interest Rate: In most cases we can hold a ceiling interest rate for up to 120 days. That gives you 4 months to shop for a home with no worry about rates going up.

Feel free to reach out to me directly with any questions or to get started on the process.

Sarah