Buying a home in this market means that speed is of the essence. Any buyer needs to be ready to make an offer on their dream home as soon as they make a decision. UCLA Men’s Basketball coaching legend John Wooden used to say, “Be quick, don’t hurry.” This is great advice for current home shoppers. The best way to do things quickly but without having to be in a hurry is to be prepared. In home buying, that means being pre-approved. Are you pre-approved for your mortgage?
Pre-Approval is the process where we tell you how much home you can afford. We take all of your financial paperwork and your credit report and determine how much you can work with. This way, you can shop with confidence, knowing that you can make an offer that you can back up.
When you get pre-approved, we need to see a lot of paperwork. Start gathering up your: Pay Stubs, W2’s, Bank statements, Homeowners Insurance, Tax information, and anything that gives us a clear picture of you and your financial well-being. That way, we can turn around your pre-approval quickly, in a day or so.
When you have a pre-approval in hand, you can work with your realtor to craft a legitimate offer. In this environment, that can be the difference between buying a house and ending up back at your rental. Don’t wait until you find the house you want to learn that you can’t afford it. Buying a home should never be guesswork. When you buy the house, we need to look at every aspect of your credit anyway, so we may as well give you the pre-approval.
You wouldn’t go to the store without knowing how much money you had, so why would you go shopping for a home without knowing your budget?
So if you’re ready to work with an efficient mortgage provider with the best customer service in town, The Home Loan Expert team is ready to help. Call us in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515 or Nashville at (615) 810-8555. You can always apply online at www.thehomeloanexpert.com, and we’re also open on Saturdays to better serve you. We work hard to make it easy on you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?