What is a Pre-Approval?
A Pre-Approval should be your very first step once you know you are buying a home. It’s your home buying green light!
It’s a quick financial snapshot that shows you’re qualified, serious, and ready to shop with confidence.
No more guessing what you can afford – you get real numbers and clarity!
Why Pre-Approval is Your Absolute Game Changer
You shop smarter with defined comfort and stretch zones.
Your offer will rise to the top with sellers because they know you’re qualified for it.
No more guessing what you can afford – you get real numbers and clarity!
What You Will Need
- 30 days of paystubs
- 2 years of W-2s or Tax Returns
- 2 months of Bank Statements
- A government-issued ID
Everything is uploaded securely online.
Alternatively, you can…
- Enter your gross pay per month
- Your base hourly rate, times your weekly hours, times 52 weeks, divided by 12 months
- Enter the current balances for all bank accounts you will use
- Provide your credit score, if you know it, or
- Provide authorization to run credit
- This will be a soft-pull and won’t hurt your scores.
NOTE: This is not as strong as a Pre-Approval but it can get you answers for what you can afford and what rate you might get – if you enter honest and accurate information.
How Long Does It Take?
10 to 20 minutes to complete the Pre-Approval screens.
Same day to 24 hours for a review.
What Happens After I Am Pre-Approved?
You’ll know your what your interest rate options are and what price range to shop with.
Your Pre-Approval Letter can be modified by you to match your offer price.
Get a Cash-To-Close breakdown.
Not Quite Ready? No Problem.
Get a personal, step-by-step plan to improve your credit.
Tips to boost savings and strengthen approval chances.
Guidance to lower debts and improve DTI (Debt-To-Income ratio)
Clarity beats guesswork every time!