Tuesday, February 7th, 2012

How To Get Pre Approved For A Mortgage Loan

How To Get Pre-Approved For A Mortgage Loan

The logical first step in the home buying process is to get pre approved for a mortgage loan before you submit an offer to purchase a specific home.  Most Home Sellers (and the Real Estate Agent's who they hire) will not even consider your offer until they are certain that you can follow-through on the money.  If you are paying all cash for your home, you can simply show your bank statements and avoid the need to get pre approved for a mortgage loan entirely.

The majority of people reading this article do not have the amount of liquid assets needed to pay all cash for their home. Thus, you are encouraged to read the simple steps in the flip chart below to better understand how to get pre approved for a mortgage loan.

 

For more information on the home-buying process and your specific mortgage loan program options, please feel free to visit www.ApprovingSD.com or contact Jason E. Gordon at 619-200-8031 or email jgordon@amerifirst.us

Jason Gordon will patiently guide you through the process and help you get pre approved for a mortgage loan.




Posted by: Jason E. Gordon at 8:58am  
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While basic understanding of the “book smarts” within the mortgage industry will help you understand specific terminology, loan programs, and features, there is so much more you will need to know in order to make an informed financial decision. My approach is designed to teach you the "street smarts" necessary to allow you to make the most informed decision regarding your mortgage options.

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