Something every home buyer should do before they start shopping is to get pre-approved for a mortgage loan. Getting pre-approved can have many advantages for home buyers and not only expedite the buying process, but also let the seller know you are a serious buyer. Here are some additional benefits to getting pre-approved with Qualified Home Loans.
Saving time by looking at the right homes in your budget allows you to spend more time examining these homes.
Gain confidence by learning the home loan amount you may be able to afford.
When you know how much you plan to put down you on your home, you increase your bargaining and negotiating power.
There are different loan programs with different benefits. Finding the right loan program ahead of time reduces your timelines and improves your ability to close your loan faster.
Did you know you can get prequalified for a mortgage online without any trips to an office? Mortgage pre-approval shows the seller that you’re serious when it’s time to make an offer. Once you become pre-approved with QHL, you can generate your Pre-approval Letter yourself from our Borrower Portal.
Set your budget, make a stronger offer, and show the seller you’ve already started the financing process.
Buying a home is an exciting journey and our Loan Officers make your home buying experience as smooth as possible. From contract to the closing table, our home buyer’s guide covers the entire process. Reference this guide as needed throughout the mortgage transaction. Our goal is to make you comfortable and informed.
If you still have questions about your home buying options, feel free to give us a call at 888-781-0899.