Pre-approval is the closest you can get to actually taking out a loan without firm commitments. So, how do you know that you are ready for a pre-approval?
Here are some guidelines for you!
You are financially stable to handle a monthly mortgage payment
With a pre-approval letter, you can easily hunt your dream house having clarity about your price range. The home sellers will also see you as a credible customer who can borrow the necessary money for a home purchase.
Ready to buy a house to call it your home?
Contact us today to get yourself pre-approved for a home purchase today!
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Affiliated Mortgage in Rapid City, SD. As a direct mortgage lender, Affiliated Mortgage, LLC’s trusted reputation is built on our resolve to build relationships of trust, respect, and high accountability.