“I have never had to get a loan before I bought a house before!”

4 Big Reasons:

BUYER’s ARE NERVOUS. Can I really afford that? What will it cost? It answers your questions

Sellers are nervous! When you want to buy a home a large part of negotiating a good deal these days is making the Seller comfortable with you as a Buyer. They ask: “Can the buyer afford it?”, “Do they have a loan?” Answer their questions before they ask.

Lenders are nervous. Everyday the underwriting guidelines change. And it is hard to get a loan approval at 5:30 Friday evening.

Finally, it is a huge negotiating tool!

If you were a Seller and you had two offers on your home, and both were equal in all terms except one has a pre-approved loan and the other had no loan information, which would you accept or counter?

For more see the video Why you need to get a loan first