Why Is A Pre-Approval Important???
A common question we usually get asked about pre-approvals WHY IS A PRE-APPROVAL SO IMPORTANT?
Why Is It Important?
Especially in a fast paced market, a true pre-approval is very important. You cannot be out shopping not knowing if your financing is going to go through. You need to get your pre-approval to the farthest possible point because we're in a very competitive market. Writing offers with a partial pre-approval can create a ton of risk.
Is A Pre-Approval A Full Approval?
A pre-approval is just like it sounds, it's PRE. We're doing an in-depth review to go over income, and credit to determine what you will qualify in regards to mortgage financing. That does not take into account the specific property that you might be writing an offer on and specifics that could potentially cause issues. A pre-approval cannot be considered a full approval, but we get it as far as possible to give you as much comfort as possible before writing an offer.
We're on Instagram!
instagram.com/thrivemortgageco
Check us out on Facebook!
How to Reach US! 📲
Call 604.398.5575 or Email us!
More Questions or READY to get started!?
Just Ask US > Click Here to set up a call or EMAIL us
