Pre-Qualifying for a Mortgage Loan
Posted by Crystal Olenbush on Thursday, May 15th, 2008 at 3:19pm.
Since you will most likely need a loan in order to purchase your dream home, you might want to consider getting pre-qualified beforehand. By getting pre-qualified for your home loan, the lender will be able to verify whether or not your credit is solid as well as the price range you can comfortably pay for a home. In addition to these perks, there are several other benefits to getting pre-qualified for a loan.
Being pre-qualified for a loan can also help you when it comes to negotiating a deal with the current homeowner. When you have been pre-approved for a loan, your offer will be more meaningful to the homeowner. In turn, this will make you more likely to obtain the price and terms you are looking for.
Whether you are ready to purchase the home now or later, getting pre-qualified for the loan will help make the process go far more smoothly.
For mortgage help we recommend Max Leaman with PrimeLending. His phone number is 512-617-5636.
Posted by Crystal Guthrie, Realtor 512-422-3452. Call today for a home buying consultation!
2 Responses to "Pre-Qualifying for a Mortgage Loan"
..............
Nishantha
Posted on Monday, June 30th, 2008 at 7:06pm.
Posted on Thursday, May 15th, 2008 at 3:24pm.