Once prequalified by a loan advisor, you’ll know exactly how much home you can afford to buy. This process also keeps you from falling in love with a home before you realize it’s out of your price range.
Your loan advisor will ask you a series of questions that will determine the best loan options for your needs. You’ll also be asked to provide some financial documents to verify your funds. Once analyzed by your loan advisor and our underwriting system, if the green light is given, you’re safe to make an offer in your price range.
Once you’re approved, your loan advisor will give you Verified Buyer letter stating you’ve been prequalified by us to buy a home. When sellers see this letter, they know your offer is solid because you’ve already been checked out by a mortgage lender. This could prompt a seller to choose your offer over others who may not have proof that they’re ready to make a purchase.
