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Mortgage Pre- Approval

Jose Perez • March 26, 2020

Since we are all bored at home, we thought we can take the time and go over some real estate jargon and explain it quickly, succinctly and in a picture with only a few words. So, over the next week(s) we will put up posts covering different topics. Hope you enjoy it, and give us some feedback. 

So we start with Pre-Approval, the first step you should take if you want to purchase, so you know what you can afford or what you want to spend!!! Being pre-approved makes your offer more attractive. In most cases, a seller will NOT accept an offer without a Pre-Approval Letter. It can take as little as a few hours, but can save weeks of home searching!

A pre-approval letter is a letter from your lender that shows you have a conditional commitment for a certain loan amount

realestateprosfl #toplisitngagent #bestrealtor #jargon #loans #preapproval #mortgage

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