Get Pre-Approved!

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Real Estate

Get Pre-Approved!

Pre-approval, as opposed to pre-qualification, signifies that the loan application has been taken through a rigorous procedure.  This is very important especially now with the New Covid19  requirements. California is requiring a Pre-Approval Letter to be submitted to the Agent before they can set an appointment to show a home.  This along with the Personal Entry Authorization Disclosure (PEAD) form are now required before you can get an appointment.  This insures people are safe, both the homeowner and the prospective buyers.  

Here's why pre-approved buyers are ahead in the home buying game:

If you make an offer on a home and then apply for a loan, you are at the lender’s mercy, who is aware that you do not have time to shop around.

Pre-approval saves time spent looking at houses you can’t afford.

A pre-approval letter from a lender gives you an edge when multiple offers have been made on a house.In 

Pre-approved buyers can generally close escrow more quickly, since most of the work has already been done.  

Contact me for a list of my Favorite lenders.   Shopping rates and programs will save you money. 

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