(804) 323-6800
  Search
Featured Results

Search for
HomeLoans & Mortgages * Home Purchase * Educational Resources * What to Expect During the Mortgage Process * Pre-Approval

Mortgage Loan Pre-Approval

Pre-approval for a mortgage is a great way to find out what price range of homes will fit your budget. If you expect to buy a home in the coming weeks, consider getting pre-approved.

Pre-approval is an actual written mortgage commitment prior to your finding a home. You’ll receive a formal letter that indicates you’ve been approved up to a certain loan amount.

While we don't charge a processing fee for pre-approvals some companies might, so be sure to ask.

Benefits of pre-approval

  • You know how much you’re approved for. This will put your mind at ease and you’ll be able to act quickly to make an offer when you find the right home.
     
  • Your offer to buy can be taken more seriously. The seller knows that it's likely that a sale to you should not result in delays, which makes your offer more attractive.
     
  • Closing on your new home will likely be faster and easier. Since you will have already finished some of the application steps, your mortgage loan can be closed faster.

If we can help you with your pre-approval, please contact us.