The Value of Lender Pre-Approval
When you’re ready to buy a property in Southwest Florida, an essential first step is to get pre-approved by a Florida lender. This process does not obligate you to buy anything, but it does have several important advantages. It helps you understand exactly what you can afford, so you can be looking at appropriate properties. Also, because of the higher percentage of cash buyers in Southwest Florida, a pre-approval letter is necessary to make your offer competitive. In fact, many sellers today will not consider an offer without a pre-approval letter or proof of funds. I can provide a list of local lenders (from banks, credit unions, mortgage companies, etc.) that I have personally worked with and have confidence in. Here are four of the best! All the experts on my list are knowledgeable, experienced, and easy to work with. In fact, most of the process can be done over the phone. Don’t wait! Take this important first step today!