-(2).png?sfvrsn=963aebdb_0 "security-first-financial-primary-logo"){kind=logo}
.png?sfvrsn=2fcea3bf_0 "customer-review-nick-barta-boulder-colorado")
.png?sfvrsn=76f6ccf3_0 "customer-review-nick-barta-aurora-colorado")
.png?sfvrsn=8d78ea3e_0 "nick-barta-top-200-mortgage-originators-america-2021")
by:
Spring and summer are peak homebuying seasons, and as the weather warms up, so does the competition for homes. If you're thinking about buying a home during this time, it's absolutely essential to get pre-approved for a mortgage before you start shopping around.
Here's why:
It shows sellers you're a serious buyer.
When you get pre-approved for a mortgage, you're letting the seller know that you're not just casually browsing – you're seriously considering buying their property. It gives sellers confidence in you as a buyer and can make you stand out in a crowded market.
It helps you understand your budget.
Getting pre-approved for a mortgage will give you a clear idea of how much money you can borrow and what your monthly payments will look like. This helps you set a realistic budget for your house hunting and avoid falling in love with homes that are out of your price range.
It speeds up the homebuying process.
If you wait until you've found your dream home to start the mortgage pre-approval process, you could end up delaying the process as you wait for your lender to complete the necessary paperwork. But if you're pre-approved before you start shopping, you'll be ready to jump on the perfect property as soon as it hits the market.
It gives you bargaining power.
If you're pre-approved for a mortgage, you may be able to negotiate with sellers on price or other terms of the sale. This can help you save money on your dream home and potentially secure a better deal overall.
Overall, getting pre-approved for a mortgage is an essential step in the homebuying process, especially during the busy homebuying season. So, if you're thinking about buying a home this year, don't wait – take the first step in finding your dream home and get pre-approved for a mortgage. It can save you time, money, and a whole lot of stress, and help you find the home you've been dreaming of.
Please reach out to me today to get started. I can help guide you through the pre-approval process and answer any questions you may have.
*Pre-approvals are given to clients who have met qualifying approval criteria, for specific loan requirements, and have been pre-approved by a PRMI underwriter.
