Obtain the Best Rates & Lowest Closing Costs
When you are ready to purchase a home, it makes sense to negotiate from the strongest position possible. In a strong real estate market, sellers can be more selective in the final buyer they choose to negotiate with. In such a crazed seller's market, it's not uncommon for a home seller to receive multiple offers on their property. With that said, there are certain things you can do to make certain that your offer is the one Seller goes with.
Let's look at this from the Seller's perspective for a moment. If you were the Seller and had multiple offers on your property, all things being equal, would you accept the one with Certificate of Financing Approval or the one that was still Conditional on Financing? The answer is obvious. Why then, do so many buyers wait to start the financing until after they have found the home?
Even though most people will eventually be approved, having a Certificate of Financing Approval allows the Seller to accept your offer over other competing offers that still require financing approval.
Lastly, from a cost savings perspective...
As a prospective purchaser, it makes all the more sense to start the financing early on so you can get a firm handle on your interest rate and estimate of points and closing costs. If you do this before finding a home, you are not under any time constraints and are less likely to over pay like a buyer who has found a home and is under strict time constraints.
Should you decide that you wish to get Pre-Approved, simply complete the form on this page. The system will forward your information to a certified mortgage professional who can assist you in locating the absolute best mortgage rate and lowest closing costs possible.
We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !
Winner of the RE/MAX Hall of Fame Award in 2021 and RE/MAX 100% Club Award in 2017, 2018, 2019 and 2020