Pre-qualification Benefits

Why get pre-qualified?

Pre-qualification helps you understand your budget and strengthens your position as a buyer.

What is pre-approval?

Pre-approval provides a conditional commitment from a lender, showing sellers you are a serious buyer.

How does it streamline the process?

It simplifies home searching, speeds up offers, and reduces closing time, making moving in easier and quicker.

Is it necessary?

While not mandatory, it significantly enhances your home buying experience.

Can I get both?

Yes, obtaining both pre-qualification and pre-approval is highly recommended for a smoother process.

What documents are needed?

Typically, you'll need income verification, credit history, and asset documentation for both processes.