Gloria could not have been more helpful or trustworthy during my search for a new home. She promptly arranged showings at my convenience and responded just as quickly with answers to questions stemming from the visits. After writing the offer, Gloria immediately called the other realtor so it could be delivered that night. During the red tape process, she kept me informed every step of the way. Gloria demonstrates a sincere interest in her clients as well as a dedication to fulfilling their wishes. Gloria is extremely proficient as a realtor and I would highly recommend her.
"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.