Home Loan Pre-Approval is the first step in the home buying process. Pre-Approval is quick, painless and does not cost anything.
What is Home Loan Pre-Approval?
Home Loan Pre-Approval is when your Arizona mortgage lender determines what home loan type(s) and loan amount you are approved for. Completing Pre-Approval let’s you shop for a home with confidence. It also provides you with a Pre-Qualification Form.
3 Simple Pre-Approval steps:
Step 1: Needs Analysis
During this step, The HOUSE Team learns more about you. We discover what your home buying goals are (ex: payment, down payment etc…).
Step 2: Complete a Home Loan Application
You complete a simple home loan application. The information requested on a home loan app include:
a. Identification Information
b. Credit History
f. Residential History
Step 3: Provide supporting documentation
The HOUSE Team requests documentation to verify the information on your home loan application – Documents typically needed
How Long is a Pre-Approval Good For?
Your Mortgage Pre-Approval is valid for 90 days. However, you will need to provide up to date supporting documents if you buy a home within the 90 day time-frame.
That is it! Once you complete these 3 simple steps your Pre-Approval is complete. The HOUSE Team can complete this process within 24 hours 7 days a week. Now you can focus on the fun part – shopping for a your new home. Call today to get your Mortgage Pre–Approval started.
Team Phone: 602.435.2149
Team Email: Team@JeremyHouse.com
Other Important Pre-approval Info
By Jeremy House