Pre-Approval Letter

As a Realtor if you are just taking your clients word for it that they are “pre-approved” with their bank, you may be in for a waste of time. I’m not saying that this is your client’s fault. Many times I have seen clients be “Pre-Approved” or have a “Rate Hold” with their financial institution only to find out that their financial institution won’t provide financing for some reason or another.

A pre-approved mortgage is not a guarantee of being approved for the mortgage loan as there is not an actual purchase and sale agreement on a property etc. That being said going through the application process up front will reveal any concerns prior to putting an offer in on a property.

Every client that we work with goes through an application process that ensures that when they are out looking at properties with a Realtor they are in the position to write an offer and are also provided with a “Pre-Approval Certificate” which can be provided to their Realtor.

If you have any questions or want more information on how working with me will ensure your clients have a smooth mortgage financing process don’t hesitate to contact me.

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