The Benefits of
Pre-Approval

Pre-approval, as opposed to pre-qualification, signifies that the loan application has been taken through a rigorous procedure.

Heres why pre-approved buyers are ahead in the home buying game:

  • If you make an offer on a home and then apply for a loan, you are at the lenders mercy, who is aware that you do not have time to shop around.

  • Pre-approval saves time spent looking at houses you cannot afford.

  • A pre-approval letter from a lender gives you an edge when multiple offers have been made on a house.

  • Pre-approved buyers can generally close escrow more quickly, since most of the work has already been done.

Information provided by:

Richard and Carol DeGrace ~ www.TreasuryMtg.com

Rich's Cell 609-209-3700 | Carol's Cell 609-209-3800

1810 Springdale Road, Cherry Hill, NJ 08003 | NMLS # 149277, 149276

Equal Housing Lender. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.

I respect your privacy. If you'd prefer not to receive information from me in the future, please reply to this email.
Address:

 
Post is included in group: 1st Time Buyers
Post is included in group: Gloucester County, NJ
Post is included in group: NJ First Time Home Buyer
Post is included in group: South Jersey
Post is included in group: USDA Rural Development Loan Group

0 Comments on Pre Approval vs. Pre Qualification....


What does the graphic say?
Leave a response…


(optional)
Spam Prevention:
 
Me_and_you

Richard DeGrace, NMLS # 149277 Camden County, NJ Loan Officer

Cherry Hill, NJ

More about me…

Aurora Financial Group

Address: 550 Bridgeton Pike, Suite 2, Mantua, NJ, 08051

Office Phone: (856) 596-6200 x 109

Cell Phone: (609) 209-3700

Email Me



Links

Archives

RSS 2.0 Feed for this blog