A Crucial First Step: Mortgage Pre-Approval

By
Real Estate Agent with Luxury Valley Homes Scottsdale SA524104000

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC] | MyKCM

Some Highlights

  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
  • Connect with a trusted professional to learn more and start your homebuying process today.

Comments (4)

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

Good Morning Jane and Jeff and great information to share with us and buyers about what it takes to get a loan.  Can I reblog it down the road?

Sep 16, 2022 08:39 AM
Trish Cole
Veterans United Home Loans of Puget Sound - Puyallup, WA

Great information.  Often times buyers believe they are lacking in one or more areas and would not be able to qualify for a home loan.  Talk to a professional Loan Officer in order to get a determination of eligibility.  Many companies have free credit repair and/or guidance as well.

Sep 16, 2022 09:07 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jane & Jeff Daley, PhD I agree.  You can't purchase until you know how much you can purchase.

Sep 16, 2022 12:07 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Sep 18, 2022 02:47 AM