Pre-Approval Letter

What is a Pre-Approval Letter? 🤔

📄 It is a letter from a lender indicating you qualify for a mortgage of a specific amount.

Getting Pre-Approved

📃 You’ll fill out a mortgage application, provide documents, and bank statements, get a copy of your credit report, etc.

Getting pre-approved is what you need to do before starting a home search. The person selling your dream home will want to make sure you really are qualified to buy. Most sellers aren’t willing to accept your offer with only a pre-qualification.