Loan Pre-Approval Benefits

by Kimberly Michael

The first stop potential homebuyers should make is at the lender’s office. Pre-approval is an enormous benefit for the client and the realtor. There are so many programs available and it is important to find the best one for the client before the contract is written.

The advantage of pre-approval is knowing exactly which of the many financing options is right for the homebuyer, allowing them to maximize their purchasing power. Many homebuyers find that they can buy more house than they thought they could by exploring their options with a lender for just a few minutes.

Pre-approval does not take long and can help make a real estate transaction go smoothly. It gives the buyer and the REALTOR more negotiating power when the offer to purchase is written. The search for the perfect home will be a more relaxed experience knowing that financing is in place.

Kimberly Michael
Home Mortgage Consultant
Prosperity Mortgage Company
M8646-011
1638 Roanoke Rd. Suite 100
Daleville, VA 24083
540.966-6128
Tel 540.966-1855 Fax
kimberly.b.michael@wellsfargo.com
Equal Lending Opportunity