Get Pre-Approved

It can be difficult to shop for a home without knowing how much you can afford. A mortgage pre-approval letter allows you to determine how much money you can borrow to purchase a home, provides leverage to help you make stronger offers and provides your real agent with your buying-power options when showing homes thus saving you time. 

During the mortgage pre-approval process, a mortgage professional, like a Loan Officer at HomeFirst Mortgage, reviews your income, assets, and credit score(s). These three pieces of information help determine how much you can borrow, what type of loan you could be approved for and an idea of what your interest rate might be.  In addition, your real estate professional might require a pre-approval letter before you start shopping for a home.