Pre- Approval
Getting Mortgage Pre-approval for a Home Loan is the most important step in the Home Buying Process
Set yourself up for a successful and smooth home buying process. Getting pre-approved for a home loan is the first and most important step to take. Mortgage Pre-approval for a home loan builds your credibility. It will allow you to find out what your “buying power” is and speed up the closing process.
To get mortgage pre-approval, the borrower should fill out a loan application. They provide the required documentation to the lender of their choice. Once the lender verifies credit scores, income, employment, and debt-to-income ratios. They will issue a specific loan amount and interest rate.
With a pre-approval letter in hand, you are ready to look at Nashville homes for sale. Another big advantage of getting pre-approved is the power to negotiate with sellers. You will have a big advantage over buyers. Who are competing for the same house but are not pre-approved for a mortgage.
How Can Zivak Realty Group Help In The Mortgage Pre-Approval Process?
As trusted real estate professionals in Nashville, TN, we have proven mortgage lenders we can recommend to our clients. Even before you decide to get pre-approved, we can sit down with you and walk you through the entire pre-approval process. We are committed to providing guidance during the entire home buying process (pre-approval, purchase, and post-closing).