Before you start house hunting, we recommend you begin the loan pre-approval process. Being pre-approved requires a lender verify your financial information. It also serves as their commitment to lend a specified amount based on that information.
A pre-approval will give you a number of advantages:
- When you do find a property, sellers will take your offer more seriously given you have a lender committed to backing your offer.
- You get "peace of mind", knowing you're looking at homes you can confidently afford to finance. Your efforts will be focused on properties which match your financing abilities.
- You'll have an edge over buyers who aren't pre-approved. In situations where there are multiple offers on a property, this can be the difference between having your offer accepted or losing the property to another buyer.
- We're eager to help you get pre-approved either through FM Lending or any other lending.
"You did a fabulous job all the way around! The closing went smoothly Monday afternoon. The movers were prompt and efficient in getting me packed in Florida and in off-loading here in Raleigh. Your efforts have made this whole process less stressful for me, allowing me to stay focused on my work."