Once we receive all of your necessary documentation our turn times are generally between 24 and 48 hours. If necessary, we may be able to offer a same day commitment.
Yes, it’s a good idea to get pre-qualified. It will help you know how much you can borrow and, even more importantly, what loan amount you can comfortably afford.
Yes, you can be pre-approved as long as you can provide us with certain documentation such as evidence of income, assets, liabilities and credit. The benefit is that we’ll provide a pre-approval certificate for you to show the seller, which will give you the best chance for getting your offer accepted, especially in a competitive situation. Also, having been pre-approved, you’ll be able to close very quickly.
A rate lock guarantees you a certain rate for a designated period of time, regardless of whether rates go up or down before you close.
While it’s always easiest to get financing if you have good credit, we can certainly work with you to find any available, quality finance options or to give you tips on how to improve your credit..
Speak with one of our consultants before you start looking for your new home. They will help you prepare the necessary items so you will be one step ahead of the pack.