Скачать или смотреть Pre-Approved – KT Quick Tips E12 (What Pre-Approvals Mean & Why You Should Get Pre-Approved

Question – “I’m a First-Time home buyer and have a general idea of what I can afford, is it important to get a mortgage approval before hand or can I include it as a condition?”
This is a great question, being pre-approved is a great idea and it’s important for many reasons, and here’s why….

Say you’re out shopping around, looking at homes and decide on the $500,000 price range, then you get your mortgage approval and you find out you’re approved for up to $400,000. At this point, it may be a bit more challenging to find something you love now that you’ve been looking at homes at a higher price point.

Getting that Pre-Approval before hand will help you when searching for your home so you know what types of homes to consider - And you never know, your pre-approval may come back more than you expect! Another good reason to get a pre-approval in hand is in case you get into a situation with multiple offers.

Make sure however, you get a proper pre-approval, don’t rely on just filling out a form on-line. You’ll want to make sure your mortgage agent or broker does a thorough approval – This typically includes getting proof of income, pay-stubs, notice of assessments, job letters, make sure they know all of your financial obligations and make sure they’ve also done a proper credit check. Having a proper pre-approval will help to ensure your purchase goes nice and smoothly.

Do you have any questions? Need assistance with Pre-Approval? Or more info on Multiple offers? Check it all out below, we got you covered!

THANKS FOR WATCHING!!

********************************************************
SUBSCRIBE HERE: https://www.youtube.com/user/kormendy...

Our Website:
http://www.kormendytrott.com

Follow Us Here:
Facebook: https://goo.gl/wDLXor
Instagram: https://goo.gl/D3JgWq
Pinterest: https://goo.gl/zkuwev
Podcast:   / ktrealty  

KT Quick Tip E09:    • How to Compete – KT Quick Tips E09 (Tips o...  

For assistance with pre-approvals:
Cameron Mackie (Dominion Lending Broker) – [email protected]
Michael Weaver - [email protected]
Kristin Zerbisias (RBC) - [email protected]
Michael Weinert (TD) - [email protected]

For assistance leasing, buying or selling your next home, contact us today!

Phone: 1 (800) 617-0090
Email: [email protected]