Get Pre-Approved

Real estate experts tell all home buyers that it's critical to apply for a loan before shopping for a home, and it's true; this is an essential first step. But do you know that it's far better to be pre-approved for a loan than to be pre-qualified? There are more advantages to gaining preapproval than you would initially surmise. When the lender hands a borrower a pre-approval letter, it means the borrower can:

• Save time by looking at homes in the correct price range
• Increase your bargaining power
• Write a contract on a home and have the ability to close on your home and move in quicker.

Use our affordability calculator