Florida Mortgage Pre-Approval
Start your Florida home search off right with a Florida mortgage pre-approval. A mortgage pre-approval helps you make competitive offers, act quickly, and, most importantly, tackle the home shopping experience with confidence. So, if you’re ready to start looking for a beachside condo in Sarasota, a home on a palm tree-lined street in Orlando, or a second-home getaway in Naples, a mortgage pre-approval is your first step.
Obtaining a pre-approval is a simple process. You will need to provide your lender with documents such as W2s and tax returns, pay stubs, bank statements, and your social security number for a credit check. This provides your lender with a picture of your income, assets, and credit. These three things determine the monthly mortgage payment you can afford, your available funds for the down payment and closing costs, and the best loan programs for you. Your lender will review everything with you so that you’re ready to start the homebuying process with all the financial knowledge you need to make a decision.
A mortgage pre-approval provides confidence for not only you but for sellers as well. When reviewing offers, sellers will look more favorably upon potential buyers who are pre-approved. This puts you in a more advantageous position, especially when the market is competitive.
The way to start on the path to finding the home of your dreams is to be confident in what you can afford and have a competitive edge. If you are looking for a home in Florida, fill out the form below to get started on your pre-approval or call us at 708-531-8388.