Increase your chances of getting your offer accepted.
Before You Make an Offer on a Home…Get
A pre-approval puts POWER
in your hands!
In today’s highly competitive market, buyers who have
already arranged their financing have a distinct advantage.
Before you start looking at homes, if you are going to get a
loan, you should begin the mortgage loan pre-approval process. With a pre-approval in hands, a seller knows you
are organized and serious about buying a home.
When the seller accepts your offer, their house is listed as Active
Contingent or Active CAPA on the Multiple Listing Service (MLS). This tells other buyers an offer has been
accepted, so requests for showings on the seller’s house decrease. When you are pre-approved, sellers will take
your offer more seriously because you have a lender who is committed to backing
your offer. In a competitive situation,
a pre-approved mortgage could make the difference between getting the home of
your dreams or losing it to someone else.
Once you get your pre-approval, you can shop for your home
knowing what your approval amount is and how different loan amounts will affect
your monthly mortgage payment. This pre-approval
also provides the information for your real estate agent to best research the
properties that fit your price range and also fit your wants and needs list.
It's FREE to get Pre-Approved.
Mike at Nova can help by clicking below.
Get Pre-Approved now!