Mortgage Preapproval

Gain the Buyer’s Advantage with a Preapproval

It’s generally a good idea to get pre-approved* for a mortgage loan. In this competitive housing market, a preapproval gives you the upper hand and allows you to make an offer on the spot when you find your dream home.


Why should I get a preapproval?

Recently, the housing market has become more competitive. A preapproval allows a mortgage underwriter to take a thorough look at your finances and credit history - uncovering any potential issues well before you’re obligated by contract to purchase a home.


What advantages does getting a preapproval give me?

Because a preapproval requires an underwriter to review your credit history, income, assets and debt, you can obtain a clear estimate of how much you can spend on a new home. Understanding your budget will help you confidently negotiate with sellers. Plus, sellers will be more confident in you as a buyer. You’ll have an advantage over other buyers who haven’t been pre-approved.


Will my preapproval expire?

If you don’t make an offer within 90 days of credit review, it will expire. If you need to renew your preapproval, just contact us and we’ll help you.


How much does a preapproval cost?

No fees are collected at the beginning or during the preapproval process.


What if I change my mind?

That’s perfectly fine. A preapproval doesn’t mean you’re committed to getting a mortgage with us or anyone else. It simply helps you understand the home-buying process and how much you can afford on a new purchase.

Are you ready to apply for a mortgage? Apply now to get started...

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Get Your Home Loan Approved Fast

To get your loan application finished quickly with the best chance of approval, here are some of the main items we will need from you:

Income Documentation

  • W2 or 1099 forms for the last 2 years
  • Filed tax returns for the last 2 years
  • All paystubs from the last 30 days

Asset Documentation

  • Bank statements for the last 2 months
  • Most recent quarterly retirement statement


  • Driver license
  • Homeowners’ insurance contact information

Make sure you have your documents ready to go, and we’ll take care of the rest.



*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. 

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