This was our first time buying a house & we were clueless. Judy & Denny helped us so much along the way. Very pleased with the work they put in to really help us find a home. Both are very educated about the area & answered all the questions we asked. Hands down, they are the best Realtors in town!
"Pre-approval" means you have met with a loan officer, your credit files have been reviewed and the loan officer believes you can readily qualify for a given loan amount with one or more specific mortgage programs. Based on this information, the lender will provide a pre approval letter, which shows your borrowing power. Although not a final loan commitment, the pre approval letter can be shown to listing brokers when bidding on a home. It demonstrates your financial strength and shows that you have the ability to go through with a purchase. This information is important to owners since they do not want to accept an offer that is likely to fail because financing cannot be obtained.