Get pre-approved

Are You Pre Approved?

Are you pre-approved for a loan?
Before you begin to shop for a new home, you should set up a time

to meet with one of our home loan specialists so we can figure out how much you can afford. This

will put you in a better position as a buyer.


To get pre-qualified for a loan, I will collect information about your debt, income, and assets.

We’ll look at your credit profile and assess goals for a down payment and get an idea of different

loan programs that would work for you. I will issue you a pre-qualification letter indicating the

amount you are pre-qualified to borrow.


Getting pre-approved for a loan gives you competitive advantage when the time comes to

bid on a home because you have been approved for a loan for a specified amount.


A pre-approval letter is not binding on the lender; it is subject to an appraisal of the home you

wish to purchase and certain other conditions. If your financial situation changes

(e.g. you lose your job), interest rates rise or a specified expiration date passes, your lender

must review your situation and recalculate your mortgage amount accordingly.