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Your pre-approval letter is like a magic key in today’s competitive real estate market. It opens doors for you, giving you a competitive advantage to buying your dream home.
Gain a Competitive Advantage: Your pre-approval letter helps get you into see properties faster and gives you an advantage in getting your offer accepted over non-pre-qualified buyers.
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Know Exactly How Much Home You Can Afford: Your pre-approval letter states how much you’ll be able to borrow for the purchase of a home based on the information you provide in your pre-approval application. Your final loan amount will be verified through the full underwriting process.
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Get a Head Start on Your Home Loan Journey: Your pre-approval letter gives you a jump on getting your loan application completed and approved.