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Mortgage Pre-Approval is the First Step in Buying a New Home

April 21, 2022

Before investing time and resources in finding the new home best for you, we recommend you meet with a reputable mortgage lender to determine the price range you are comfortable with and how much of a mortgage you qualify for with the lender.

The lender will check your personal finances, discuss monthly payments and the total cost of the loan and confirm how much you are eligible to borrow.  This assures you that you are qualified for a mortgage loan and confirms to us that you are qualified to write a contract.

Your pre-approval gives you a leg up when there may be other Buyers looking at the same home.  

As mortgage rates and home prices continue to rise, getting the approval from your mortgage lender to go find your home is one more way for you to be ready when your dream home becomes available.  

At Grant, we love working with a group of mortgage lenders who have been financing new construction for years and understand that purchasing a newly built home may be a little difference from purchasing an existing home. We would love the opportunity to discuss your options!