The Power of Mortgage Pre-Approval

Dated: May 7 2021

Views: 4

The Power of Mortgage Pre-Approval

The Power of Mortgage Pre-Approval [INFOGRAPHIC] | MyKCM

Some Highlights 

  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.
  • In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.
Blog author image

Alex Ortiz

I started my real estate journey in 2001 as an assistant and in 2004 earned my Real Estate License. Since then I have gone through my own buying and selling experience, became an entrepreneur in vario....

Latest Blog Posts

The Power of Mortgage Pre-Approval

The Power of Mortgage Pre-ApprovalSome Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined

Read More

Why Waiting to Buy a Home Could Cost You a Small Fortune

Why Waiting to Buy a Home Could Cost You a Small FortuneMany people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to

Read More

Are Interest Rates Expected to Rise Over the Next Year?

Are Interest Rates Expected to Rise Over the Next Year?So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there

Read More

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell NowThe housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of

Read More