Applying for your loan is simple. We already did all of the hard work—gathering information and sorting through loan options. Now you can just let us know which loan you want to pursue and we’ll get right to work. We’ll let you know the next steps required to secure pre-approval for your chosen loan.
Nothing on your application for pre-approval is binding or final. A pre-approval simply means we are willing to lend to you under the specified terms and conditions. You are not, however, obligated to take us up on this offer and you can request changes to any of the terms before you close.
The all-important budget
We want you to love your home. That’s pretty tough to do if you’re struggling to make ends meet because you spent beyond your means. So, please, make sure you set a budget and stick to it. And if you’d like a referral to a financial planner for some help with this end of things, just ask. We know some good ones.
On paper it’s okay to stretch
There, however, one (and only one) time we recommend going for broke—and that’s when you apply for pre-approval. Getting pre-approved is about covering your bases. It’s just numbers on paper, and not what you’ll really be borrowing. Unless you are worried about being tempted to overspend, we suggest getting pre-approved for the most expensive home you’d look at (even on a lark) and the least you would consider putting down. That way, we’ll be able to write a pre-approval letter, on a moment’s notice, to go with any offer you could possibly write, up to the limit for which you are pre-approved.