Most people do not get a loan pre-approval before they start going to open houses and finding a realtor – but they should.
And getting an online quote is different than being pre-approved.
In fact, if you think the "pre-approval letter" you received from Wells Fargo, BofA or Chase is your ticket to purchase your new dream home, you should think again.
In the hot real estate market West of the 405, coming in with a fully underwritten loan pre-approval may be what it takes to beat the competition.
Taking this measure puts you in a premier position as a buyer and lets the Listing Agent and the seller(s) know you are serious. The strength of your offer will stand out when reviewing the multiple offers they are likely to receive.
After all, there’s nothing more disappointing than finding your dream house and then missing out on it because your offer was not strong enough.
I work closely with a lender who is affiliated with the highest rated lending group West of the 405.
I am privileged to offer you their services to help make the purchase process easier and smoother!