Looking to Buy a Home? A Crucial First Step - Mortgage Pre-Approval

 Looking to Buy a Home?

A Crucial First Step - Mortgage Pre-Approval

Highlights from the Pre-Approval Infographic:

A mortgage pre-approval means a mortgage lender has reviewed your finances and, based on your qualifying factors has determined the amount you are qualified to borrow to buy a home. The qualifying factors that a mortgage lender will look at are:

1) Your verifiable income

2) Your debt 

3) Your assets

4) Your credit history

5) Your Employment

Getting pre-approved for a mortgage loan will help you get clarity while budgeting for your home purchase. It will also help demonstrate to the seller that you are serious.

You will be more confident in your ability to secure a mortgage loan.

Connect with the Dowell Family Team. We have some great mortgage lenders that we recommend.

https://solo.to/dowellfamilyteam