Pre qualification for a home loan is a lenders best guess at what you can afford but it’s not a guarantee. Pre-Approval on the other hand is a firm commitment from your lender based on your actual finances. If you know what you want Pre Approval can insure you get the home that you want. If you are thinking about purchasing a home in the Austin or Bastrop, TX areas and you don’t have the cash in the bank to out right purchase the home, then we need to get you Pre- Approved. If you don’t have a lender that’s ok too because I have several very reputable lenders that I work with extensively with that can help you get approved usually over the phone by asking a few questions about your current income and employment status. Its a very quick and painless process that can be done over the phone and without you ever having to take time off work to drive to their office. If you want to know more about the Pre- Approval process or about purchasing your next home be sure to give me a call.
Posted on March 11, 2014