Get your Commitment Before you FALL in Love!
In a market with more buyers than sellers, it’s important to secure a firm lender commitment on mortgage financing based on an actual review of your income, assets, and credit by a qualified underwriter for several reasons:
- Make sure you are shopping for a home in the appropriate price range
- Increase chances of seller accepting your firm Commitment by an Underwriter over the other bidder’s “pre-qualification” by a loan officer
- Eliminate financial risk of making an offer on a home and not being able to secure financing
- Create smooth homebuying process between contract acceptance and closing by investing in necessary work up front