With the market as hot as is, navigating multiple offer scenarios can make it difficult to distinguish yourself as a serious buyer. One of the best ways to move through the home purchasing process is to have a strategy that includes a pre-approval from a trusted lender. If you’re interested in standing out in a competitive housing market as a buyer, submitting an offer on a home purchase with a pre-approval letter from a trusted lender, like West Coast Mortgage Group, is an incredibly valuable tool to distinguish your level of seriousness to a seller.
A pre-approval letter is granted after a lender has verified a potential borrower’s credit history and financial information. The level of diligence lenders use to verify a borrower’s finances builds up trust. Sellers and their agents are looking for buyers who are submitting offers backed by trusted lenders who have thoroughly reviewed and confirmed the potential buyers finances.
The Power of Pre-Approval:
- Confirms the home loan amount you can afford
- Demonstrate creditworthiness to sellers
- Provides trust in the buyer based on the home lenders diligence
- Improves closing timeline
Getting pre-approved from a trusted lender like West Coast Mortgage Group early in your home search is the easiest route to understanding what you can afford, and the fastest way to narrow in on your dream home. Not only that but it communicates to the seller that you are a serious buyer because you are backed by a trusted lender.
Are you looking for a pre-approval letter? Let’s get started today! https://wcmtg.com/get-started/
We greatly value being your home financing resource! What questions about pre-approvals do you have? Message us or give us a call!
When you work with West Coast Mortgage Group, you aren’t just working with a great team; you’re also investing in the local community. We care about social responsibility and continuing our efforts to improve the quality of life for our neighbors. Read more about our 1% For the Community Initiative: https://wcmtg.com/community-contribution/
Read more of our blogs: https://wcmtg.com/blog/
Interested in working on our team here at West Coast Mortgage Group? https://wcmtg.com/about-us/careers/
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