If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more complete verification prior to sending you shopping for a home, and with that done, the dollar figure you are going shopping with is actually what you can spend.
Pre-approvals with Nicole will provide an accurate number of what you can afford based on lender and insurer criteria. This includes what your payments on a specific mortgage will be.
Nicole can lock in an interest rate anywhere from 60 – 120 days while you shop for your perfect home. Locking in an interest rate guarantees you will receive that rate or better. If interest rates drop, your locked-in rate will drop as well. However, if the interest rates go up, your locked-in interest rate will not. This way we can ensure you get the best rate throughout the mortgage pre-approval process.
To get pre-approved, we require a short list of information that will allow us to determine your buying power. We will explain to you:
The benefits of shorter or longer mortgage terms
The latest programs available
Which mortgage products we believe will most likely meet your needs the best
A review of all of the other costs involved with purchasing a home
Before shopping for a new home, get pre-approved! You will gain the confidence of knowing what financing is available and put you in a positive negotiation position against other home buyers.