Pre-Approval for Mortgage Financing

Secure the Best Rates and Minimize Closing Costs

When you're prepared to buy a home, it's wise to enter negotiations from a position of strength. In a robust real estate market, sellers have the luxury of being discerning about their choice of buyer. Multiple offers on a property are not uncommon in such a competitive seller's market. However, there are specific steps you can take to ensure that your offer stands out to the seller.

Unfortunately, many buyers approach this process incorrectly, placing themselves at a significant disadvantage.

Consider the situation from the seller's viewpoint. If you were the seller and had multiple offers on your property, all else being equal, would you prefer the offer with a Certificate of Financing Approval or one still contingent on financing? The answer is clear. So why do so many buyers delay financing until after finding a home?

While most buyers eventually obtain approval, having a Certificate of Financing Approval allows the seller to prioritize your offer over others still awaiting financing approval.

Furthermore, from a cost-saving perspective...

As a potential buyer, it's prudent to initiate the financing process early to understand your interest rate and anticipate points and closing costs. Doing so before finding a home removes time constraints, reducing the likelihood of overpaying compared to buyers who are pressed for time after finding a home.

If you're interested in getting pre-approved, simply fill out the form on this page. The system will connect you with a certified mortgage professional who can help you secure the best mortgage rate and minimize closing costs.