Advantages of Buying a Home
Lending.com promises to keep you up to date on your closing costs, and guarantees that these costs will not change once:
- Tax advantages
- Build equity for a stronger financial future
- Great investment potential
- Pride in ownership
Pre-Qualification
A pre-qualification helps provide an idea of how much you might qualify to borrow. A mortgage cannot be guaranteed until you have completed the application process and your credit, income, assets and liabilities are confirmed.
Pre-Approved
Pre-approval will determine the maximum you can spend on a house before you shop. Many shoppers aim too high, bidding on a home that they later learn is beyond their means because of unforeseen debts or other financial factors.
A pre-approved loan is the equivalent of a cash offer. Sellers are more likely to accept such a secure bid over others, simultaneous bids for which financing is still pending -- even if those bids are higher.
Pre-approved buyers can rush the closing if the seller is in a hurry to deal. Pre-approval gives buyers bargaining power.
At Lending.com you can get an online mortgage pre-appoval in just minutes.