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The Advantage of Getting Pre-Approved

By
Real Estate Sales Representative with Sutton Group Summit

One of the best things you can do to ensure you get the home you want is to arrange for financing before you go shopping. This is often referred to as getting “pre-approved”.

Getting pre-approved simply means that your lender has calculated how much of a mortgage they’re willing to offer you, depending on your down payment and current financial situation.

There are two advantages to having a pre-approved mortgage. First, you know exactly what you can afford when shopping for a new home. Second, when you make an offer, you’re likely to be taken more seriously.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
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Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage

1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515
Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

 

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Happy Sunday Marina,  It is always better to know ahead of time of what you can afford instead of guessing.

Nov 28, 2015 11:24 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I am reminded of the "ante" one puts in the game when playing cards. No "ante" means you are not in...Good post Marina Gavrylyuk 

Nov 28, 2015 11:36 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hello, Marina. I have to agree - getting pre-approved is important for home buyers to help them determine just how much home they can actually afford.

Nov 29, 2015 12:24 AM