A pre-approval letter can make or break your homebuying process. It could mean the difference between the thrill of an accepted offer, and the heartbreak of a declined offer. In a hot market, you may need a pre-approval letter to even get in the door for a showing. Not all pre-approval letters are created equal. The mortgage industry is lousy with lenders who will write a pre-approval letter just to lock in your business, only to fail to approve the loan at the eleventh hour. This hurts everyone involved — the buyer, the seller, their agents — who are all stuck with a deal that doesn't go through and results in time and money wasted. Many Realtors refer clients to me because I don’t do this. I stand behind my pre-approval letters. I don’t tell you what you want to hear just to win your business. If I don’t think I can get you the loan you want, I will tell you. If I issue a pre-approval letter, 99.99% of the time you’re getting the loan. My reputation depends on it. I am trusted in this business because of the trustworthiness of my pre-approval. This guide is to help you understand the pre- approval process, why it is important, and what it takes to make it successful.
RITA REALTOR | BROKERAGE 904-555-5555 | Rita@realtor.com | www.Authorify.com
LARRY LOAN OFFICER | OFFICE 904-555-1010 | Larry@loans.com | www.Authorify.com
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