As a practicing residential Realtor and selling agent I always required my mortgage loan officers to provide numerous types of information on both my Mortgage Pre-qualification (not a mortgage commitment) and Mortgage Pre-approval (an actual mortgage commitment) Certifications. Doing so dramatically increased: 1) my home buyer’s purchasing power, 2) my odds of selling homes to my home buyers, and 3) my ability to provide my home buyers with a much higher level of consumer service, disclosure, and protection. The types of information I am referring to are as follows: Read More

There are many Benefits to getting home buyers a Mortgage Pre-approval (an actual mortgage commitment) versus a Mortgage Pre-qualification (not a mortgage commitment) prior to purchasing real estate. The major 8 Benefits are as follows:

Benefit #1:   
Home sellers prefer selling their properties to pre-approved home buyers

Benefit #2:    
Real estate listing agents prefer having their listings sold to pre-approved home buyers

Benefit #3:    
Real estate selling agents prefer working with pre-approved home buyers

Benefit #4:    
Home buyers, who are pre-approved, are in a stronger position to negotiate with home sellers because they are perceived as “cash buyers”

Benefit #5:    
Mortgage processing must be done anyway so why not do it prior to purchasing a home instead of the traditional way of after purchasing one

Benefit #6:    
Getting home buyers pre-approved can potentially eliminate embarrassing situations from occurring for home buyers

Benefit #7:    
Getting home buyers pre-approved dramatically increases the odds of a real estate transaction staying together

Benefit #8:    
Getting home buyers pre-approved dramatically decreases the odds of home buyers and home sellers suing real estate licensees, mortgage licensees, attorneys, and other miscellaneous servicing company personnel who are involved in the entire home buying, home selling, and lending processes for malpractice. Read More

As a practicing residential Realtor and selling agent I always required my mortgage loan officers to provide numerous types of information on both my Mortgage Pre-qualification (not a mortgage commitment) and Mortgage Pre-approval (an actual mortgage commitment) Certifications. Doing so dramatically increased: 1) my home buyer’s purchasing power, 2) my odds of selling homes to my home buyers, and 3) my ability to provide my home buyers with a much higher level of consumer service, disclosure, and protection. The types of information I am referring to are as follows: Read More

There are many Benefits to getting home buyers a Mortgage Pre-approval (an actual mortgage commitment) versus a Mortgage Pre-qualification (not a mortgage commitment) prior to purchasing real estate. The major 8 Benefits are as follows:

 Read More