A Pre-Approval letter is better than a pre-qualification letter insofar as the Pre-approval application is processed and put before underwriters even though you have not found your dream home yet.

You apply for the amount you are comfortable with, we process it, and when the approval comes back, we will tailor a letter for the property you make an offer on so you maintain the ability to negotiate on price. And if you don’t need the full amount you applied for, you are not forced to take that amount.

A Pre-approval letter takes about 24 hours to process and is good for up to 60 days. It gives you an advantage in a very competitive market or when bidding on a very desirable property. Let us help you get the best advantage possible when buying your dream home!