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The Power of Mortgage Pre-Approval

5/7/2021

 
Infographic: The Power of Mortgage Pre-Approval: Mortgage pre-approval means a lender has reviewed your finances and determined how much you're qualified to borrow. Factors that may impact Pre-Approval: Income, debt, assets, credit history, employment. Benefits of Pre-Approval: It gives you clarity when determining your home buying budget; your offer is more desirable and has a competitive edge in a bidding war; you can be more confident in your ability to secure a loan. In today's competitive market, connecting with a lender to get a pre-approval may be the game-changer that helps you secure your dream home. [Cogent Equities of Keller Williams Integrity.

Some Highlights

  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.
  • In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Cogent Real Estate Equities, LLC does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Cogent Real Estate Equities, LLC will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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