Getting pre-approved for your mortgage allows you to know exactly home much home you can afford before you go out and look at properties. A pre-approval can also protect you against interest rate increases in the time you are looking for the perfect home. Getting pre-approved also allows you to make an offer confidently knowing that you can afford the amount you are putting on paper.
Pre-approval involves meeting a Mortgage Specialist that determines your financial standing and gives you different options for financing. One type of mortgage may be great for one person but totally unsuitable for another. Discussing these options beforehand give you peace-of-mind and takes a lot of the guesswork out of finding the right home that you can afford.
I have a number of Mortgage Professionals that I use to best suit the needs of each individual client. Depending on your financial situation, I will help choose the right one for you.