Get a Pre Approval in Minutes
Why You Need A Pre-approval: The seller wants to make sure that you qualify for a mortgage before they accept your offer. The better your pre-approval looks the better your chances of getting an offer accepted.
How Long Before Official Preapproval: It is generated by our team within 5 minutes of completing the application and uploading documents. If the application is completed properly the preapproval will be out within minutes. If the application is incomplete, then our team will reach out with required information.
How Pre Approval Numbers Are Calculated: The very basic math behind how much you qualify for = (Monthly Gross Income / 2) – Monthly Debts
Example
Monthly Income: $10,000
Qualification: $5,000
Monthly Debts: $1,500
Eligibility Monthly Payments: $3,500