How to Get Mortgage Pre-Approval in Trail Ridge

The Best Mortgage Pre-Approval in Trail Ridge

Are you considering buying a house soon? Has the thought of obtaining a mortgage pre-approval in Trail Ridge crossed your mind? If so, we’re here to help shed some light on the mortgage pre-approval process.

A mortgage pre-approval means that you’ve been pre-approved by a lending institution for a mortgage loan. This document can be added to your formal offer, once you decide to put one in. 

Why bother getting a mortgage approval in Trail Ridge? There are two reasons: 1) so your offer will get the attention of the home sellers and 2) to save you money. 

Why Sellers Like Pre-Approved Buyers

From a home seller’s perspective, with all other things being equal, the potential homebuyer that has an offer with a Certificate of Financing Approval versus an offer that is Conditional on Financing will win out every time. Why? Because a Certificate of Financing tells the home seller that you can afford the bid you have offered, guaranteed. A conditional offer, on the other hand, tells the home seller that your offer is only as good as the future financing it will hopefully obtain. Which sounds better to you if you were the home seller? Wouldn’t you want the “sure thing” before you accepted the offer and pulled your house from the market?

So how do you get a mortgage pre-approval in Trail Ridge? It’s simple: all you have to do is go to the lending institution of your choice and ask for one. It’s fast, easy and in most cases free. 

A word of advice: you should get your mortgage pre-approval before you start to seriously look at homes. You want to make sure that the pre-approval is firmly in place before you find your dream home. 

Use Your Mortgage Pre-Approval to Get the Best Rates and Lowest Closing Costs

Your mortgage pre-approval can also help you to get the best mortgage rates and lowest possible closing costs, saving you tens of thousands of dollars.

So what are you waiting for? Get a mortgage pre-approval in Trail Ridge to make sure you have the strongest possible position at the negotiating table, increasing your chances of having your offer accepted.

When you’re ready to start looking for your next home, call us at 719-301-1802 or contact us online here. To have a certified mortgage professional assist you in locating the best mortgage rate and lowest possible closing costs, fill out the below form. Your dream home is waiting!

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Barb Schlinker $ 7660 Goddard St, Suite 213, Colorado Springs, CO 80920 719-301-1802
Barb Schlinker, Listing Agent
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719-301-1802