BENEFITS OF BEING PREAPPROVED
BENEFITS OF BEING PREAPPROVED
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Prepare yourself for home ownership the right way - get preapproved. Getting mortgage preapproval is a step that can often be overlooked but it is one that can really assist you when buying a home. Be aware that a prequalification is not the same as a preapproval, a preapproval is a more detailed process. Completing this step will:

- Tell your realtor as well as any sellers that you are serious about buying and that you are financially ready
- Show you what your price range is and save you time when house hunting
- Help you better budget your monthly expenses
- Allow you to make an on-the-spot offer on the property you want
- Help give you negotiating power with the seller