Getting pre-approved for your mortgage before you select a home has several advantages.
First, you know what your maximum loan amount can be. You won't waste time looking at houses that you can't afford. Or, you may be surprised to find out that you can spend more than you had expected. Either way, pre-approval helps you focus directly on the right price range for you.
Second, sellers are very reassured by knowing that a potential buyer has been pre-approved and will not have a problem following through on an offer to buy. Sellers are often willing to accept lower offers from pre-approved buyers because the financing is more certain to follow. In some cases, the pre-approved buyer can get a better deal on the price because they can offer to close much sooner than a buyer who hasn't yet completed the loan application process.
But a special advantage to Buyer's Resource clients is the special bonus of $250 off closing costs at First Portland Mortgage Corporation for all its clients. As an affiliated company, FPMC can provide you quick and free pre-approval and this special offer of $250 off closing costs. Buyer's Resource and FPMC are the perfect team to save you money on your next home purchase.
First Portland Mortgage has the lowest mortgage rates and closing costs in the area combined with the highest level of service. Call (207) 878-7770 or (800) 370-5222 for information or visit First Portland Mortgage.
For more information contact Daniel Mainwaring at (800) 370-5222 or (207) 878-7770 or email daniel@greatpuffin.com. |
