Hey everyone, it's Yosef Shapiro with eMortgages with this weeks Client Question of the Week.
So I've had a few home buyers ask me over the last few months why they need get preapproved
for a mortgage before they've found the perfect home to buy.
So here are the top 3 reasons why: 1) By getting preapproved, you'll know exactly what your
maximum purchase price is you don't waste your time looking at homes that are out of
your budget.
2) Getting preapproved allows us as mortgage professionals to solve any issues you may
have with your credit or down payment so that get you in the best mortgage and lowest interest
rate possible, which saves you money in the long term 3) The most important reason is
that real estate agents won't take you seriously unless you have all your financing in place
and you are a fully preapproved.
So if you're just starting your home search process and don't know where to start, feel free to
reach out and I can walk you through the process.
Happy to also get you preapproved!
Thanks and have a great week!
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