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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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For Home Sellers:
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Financing Your Home >Early Loan Approval
Many lenders help prospective buyers get pre-approved for a mortgage loan before the buyers begin a serious house-hunting effort. If you are in this position, give the loan officer all of the information about your assets, income, and debts so they can tell you how much you will be able to borrow under the available loan options. The loan officer will do a credit check and work with the lender to straighten out any problems with your credit rating.
Pre-approval from a lender can make you more attractive to the seller when you find the home you want. Multiple offers sometimes come in on a house, and you may find yourself competing with other buyers. In that case, it is helpful if you have included a letter from the lender with your offer stating that you have an approved loan and are, indeed, qualified to buy. This will also save you time by eliminating from consideration any homes that you would not be able to afford.
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| Q |
What is the world's longest frontier?
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| A |
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world. |
See More Real Estate Trivia > |
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The Jeremy Tucker Team RE/MAX Unlimited 26 S Green St. Brownsburg, IN 46112 Office: 317-858-5757 Fax: 317-858-7959 JeremyTucker@NUMBER1EXPERT.com
Our mission is to educate our clients, safe guard the interests of all parties and obtain a life long real estate relationship based on experience and trust. The Jeremy Tucker Team is dedicated to providing the highest quality marketing processes and service available in Central Indiana. We look forward to working with you!
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