The first step in buying a home is to get pre-qualified to determine how much home a borrower can afford, how much money they need to complete the transaction and the amount of the monthly payment ( including the principle, interest, taxes, insurance and any condo fees.)

A lender will issue a Pre-Approval letter or form indicating the buyer is credit worthy.

Almost always, a Realtor will require a prospective buyer to be Pre-Approved before they begin to show homes.

Sellers will also want to know that the offer they received comes from a qualified buyer.

In order to Pre-Qualify, lenders will need the following:

  • Employment history and Income
  • Monthly debts and obligations
  • Source and amount of money available for down payment and closing costs

A Pre-Approved buyer is always in a much better competitive position to make an offer.


Let me provide you with a FREE Pre-Approved offer today.

David Levitt
NMLS ID# 697457
(248) 330-5888 Cell Direct
(248) 232-0307Fax

Horizon Financial Group
30665 Northwestern Hwy. Suite 110
Farmington Hills, MI 48034


(248) 609-9460 Main
(248) 609-9461 Fax

Sitio web optimizado por: Posicionamiento en Google
Plugin Modo Mantenimiento patrocinado por: Plugin WordPress Maintenance